European asset management giant APS purchased $3.4 million in tokenized real estate through MetaWealth

PANews reported on June 5 that according to Cointelegraph, APS, a European asset management company with a management scale of US$13.7 billion, announced that it had purchased 3.4 million euros of tokenized bonds linked to two residential properties in Italy through the MetaWealth platform (50% each for the Fo.Ro Living and Porta Pamphili projects in Rome). This is the first time that institutional investors have directly purchased tokenized assets open to retail channels, and all transactions are settled through blockchain. MetaWealth CEO said that the transaction brought institutional-level trust to the RWA field, and its platform currently covers real estate in four European countries, facilitating more than US$50 million in tokenized transactions.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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