Dubai’s Zand Bank, Fasset, and Capital Investment Launch ForteXchain to Tokenize Global Real Estate
Capital Investment Holding Ltd. and Fasset, in collaboration with Zand Bank, have launched ForteXchain, a blockchain-based platform designed to transform global real estate investment through tokenization. The UAE, with its advanced regulatory framework and dynamic property sector, provides the ideal launchpad.
ForteXchain lowers the barriers to real estate investing by enabling fractional ownership starting at just $1. Leveraging blockchain technology, the platform aims to simplify regulatory processes, attract both retail and institutional investors, and boost global access to real-world assets (RWAs).
“Zand is proud to be the first UAE bank to offer institutional-grade custodial solutions, with private keys held securely within the UAE,” said Zand CEO Michael Chan. “Our mission is to expand access to tokenized RWAs — including real estate — with top-tier security, transparency, and compliance.”
By tokenizing properties, ForteXchain streamlines cross-border transactions and provides new liquidity pathways for developers. This innovation reduces reliance on traditional intermediaries and accelerates capital raising by connecting developers with a global investor base.
Flagship Projects Across Three Continents
The inaugural round of tokenized offerings includes:
- Spain: Elysium City, an €18 billion regenerative city in Extremadura, will span 12 million m² with over 13,000 homes and aims to generate 56,000 jobs.
- UAE: Centurion Properties Group & Arabia Capital are developing residential and commercial projects like Burj Capital, Arabia Residences, and Centurion Business Complex.
- Malaysia: Bin Zayed International is investing in Jazz City (Kulim, Kedah) — a 70-acre mixed-use development within Malaysia’s “Technology City.”
Additional projects are under review, with announcements expected soon. These will be part of a phased rollout: Phase One includes select international projects; Phase Two will onboard institutional investments; and Phase Three will open the platform for project submissions from both retail and institutional players.
How It Works
ForteXchain runs on Fasset’s regulated digital platform. Users complete KYC verification before purchasing tokens representing fractional real estate shares. These tokens are tradable on a regulated secondary marketplace, unlocking rare liquidity in property markets.
Key features include:
- Fractional ownership of vetted properties
- Blockchain transparency and regulated trading
- Institutional-grade custody via Zand Bank
- Insurance coverage for asset protection
- Built-in regulatory oversight through Fasset
Zand Bank serves as the digital asset custodian, ensuring the safety of both funds and private keys.
ForteXchain will initially target the UAE, Indonesia, Malaysia, and parts of Europe, with future expansion into Bahrain, Turkey, Bangladesh, Pakistan, and South America. Eventually, tokenized assets will migrate to Own, Fasset’s proprietary blockchain for RWAs, after its 2025 mainnet launch.
“Real estate is a $300 trillion market, and tokenization has the power to democratize ownership and unlock new channels of wealth creation,” said Daniel Ahmed, COO and Co-Founder of Fasset.
