tZERO Facilitates a Luxury Real Estate STO by Partnering Alliance Investments

With blockchain technology, virtually anything can be tokenized. tZERO and Alliance Investments will explore the tokenization of a luxury real estate development in the United Kingdom. 

tZERO has established itself as a prominent player in blockchain innovation. Their focus lies in capital markets primarily. As such, their first major partnership in the UK could turn a lot of heads.

tZERO Partners Alliance Investments

Alliance Investments partnered tZERO to tokenize the River Plaza. This 180-unit luxury residential development located in Manchester will be the UK’s first real-estate backed STO. 

It is also the first time Alliance Investments tokenizes real estate. The company has indicated it will continue to explore this business model for other projects across the UK. 

The global appeal of real estate cannot be denied. It is believed the global real estate market was valued at $217 trillion back in 2016. This goes to show it is by far the most commonly “used” physical asset worldwide. By making real estate projects more accessible through innovative technology, an entirely new industry can be created. 

On paper, it makes a lot of sense to tokenize this asset class. It is more efficient, cheaper, and autonomous. In terms of attracting a global audience, a security token backed by a holding company that owns a real estate asset can be appealing to the right crowd. 

For the blockchain industry, this is another major step forward. Finding real-world use cases for distributed ledgers will elevate the technology to new levels. tZERO aims to revolutionize Wall Street by removing the need for traditional institutional market structures. 

Looking to advertise? We will gladly help spread the word about your project, company, or service. CryptoMode produces high quality content for cryptocurrency companies. We have provided brand exposure for dozens of companies to date, and you can be one of them. All of our clients appreciate our value/pricing ratio. Contact us if you have any questions:

JP Buntinx

JP Buntinx has been writing about cryptocurrency since 2012. His interest in crypto, blockchain, fintech, and finance allows him to cover a broad range of different topics.

Published by
JP Buntinx

Recent Posts

The Number of Bitcoin Addresses Holding Over 0.01 BTC Hits A New All-Time High

While no one really enjoys seeing the bitcoin price fall, it does create an excellent…

11 hours ago

The ‘ETH In Mellieha’ NFT Changes The Concept of Using NFTs to Claim Asset Ownership

There are many types of non-fungible tokens to explore. Some favor the collections, whereas others…

14 hours ago

Crypto Community HeritageDAO Seeks to Acquire Korean National Treasures

Singapore, Singapore, 26th January, 2022, ChainwireThe sudden birth of HeritageDAO,$HDAO, was the response of the…

15 hours ago

Challenge Your Poker Skills with CryptoGames’ Video Poker!

When you think of Gambling, often a room full of serious gamblers sitting at a…

17 hours ago

Capitrade Launchpad Aims to Be the Pioneer of Luna Based Decentralized Fundraising Platform

Capitrade Launchpad operation level and mechanism ensures every tier level gets allocated. Capitrade Ventures has…

17 hours ago

MyCointainer Raises $6 Million in Seed Round to Develop Its Yield Earning Platform

Tallinn, Estonia, 26th January, 2022, ChainwireMyCointainer, a platform for easy yield staking, announced it has…

23 hours ago