Tokinvest DMCC, a global thought leader in real-world asset (RWA) tokenization, has entered into a collaboration agreement with YallaValue to deliver trusted and independent property valuations to support tokenized real estate investment decisions.
YallaValue is a property valuation platform that provides reliable real estate valuations and data. By aggregating data from various sources, YallaValue can act as an “oracle” that enables smart contracts and decentralized applications to access accurate and up-to-date property information and valuations.
“We are excited about this collaboration with Tokinvest who we recognized as an industry leader in RWA tokenization. We built YallaValue to provide transparent and trusted real estate valuations and real estate tokenization is a perfect use case for us.”
Tokinvest is creating real-world asset (RWA) tokenized products that meet regulatory requirements representing fractional rights in real estate assets. These RWA real estate tokens will provide investors with fractional exposure to both yield and the capital appreciation of the property without the significant cost and administrative overhead of acquiring direct ownership of an entire property.
Scott Thiel, CEO and Co-Founder of Tokinvest, said that, “We are excited to be integrating the YallaValue solution into the design of our tokenized real estate products. It will enhance transparency and trust, making it easier for investors to evaluate and participate in tokenized real estate products.”
Tokinvest’s mission is to democratize finance by taking the world’s most desirable assets and making them available for fractional investment in a transparent and capital-efficient manner. The collaboration between Tokinvest and YallaValue supports that ambition.
Popular | Cointelegraph opens regional office at DMCC Crypto Centre