UPRETS to Tokenize the Oosten Property in Brooklyn

The Oosten property, with the help of UPRETS, will open the real-estate market to a new type of investors by the tokenization of the projects a source from BusinessWire confirms.

“The global asset market is ready for a revolution through tokenization. Many people wish to be a part of this market, but the barriers to entry have been a major concern. Liquidity issues and the presence of many intermediaries make the process of trading securities not only tiresome but also time-consuming,” said UPRETS Team.

The private assets market is known to be illiquid thus, The Security Token Academy notes that the tokenization of these assets will liquify them and open up new doors and opportunities. The global real estate market is estimated at USD230 Trillion while commercial properties are valued at around USD32 Trillion.