Which real world assets are token?

The tokenization of real world assets except art is still at an early stage, but it has occurred.

In March 2019, the Berlin company Brickblock tok a real estate vehicle with a 2 million euro property in Wiesbaden, West Germany. This was probably the first such transaction in Europe, in which real estate shares were registered as digital tokens on the blockchain.

A joint study by Hamburg Commercial Bank published in September and the FRICHFURT School Blockchain Center thinking factory showed that estimated 41 companies in 17 countries, including the USA, Germany and Switzerland, have tested the tokenization of property. The market is "still in its infancy", the report says.

However, the study emphasized that it was a major estimate due to a lack of market transparency and suggested that the tokenization and division of large buildings into small tradable units can make access to investors easier.

It was argued that the tokenization of small investors with only € 1 or $ 1 can be able to participate in an increase in house prices without ever being owner of real estate.

In the USA, a company called Real investors offers the opportunity to buy into the country's real estate market by fractional tokened property with the help of blockchain. The possession of real estate in cities such as Detroit is recorded by digital tokens on Ethereum blockchain.

token were also issued against other real assets, such as high-end whiskey collections and gins in limited edition.

gold is another asset that was token. Paxos, a blockchain infrastructure company for digital assets regulated in the USA, has published Pax Gold, a digital asset in which a token represents a fine tulile with a London Good Delivery Goldbaren, which is kept by Paxos in secure safes in London.

Investors in Pax Gold, which was built as a token on the Ethereum blockchain, have the underlying gold without having to worry about storing the precious metal. Paxos says on his website that Pax Gold owners can see the serial number and purity of each gold bar on his website.