SEC Commissioner Advocates for Real-World Asset Tokenization Framework
SEC Commissioner Advocates for Real-World Asset Tokenization Framework
馃彚 SEC Finally Gets Tokenization?
SEC Commissioner Mark T. Uyeda emphasized the transformative potential of blockchain in financial markets, particularly for real-world asset tokenization.
Key points from his remarks:
- Tokenization could enhance market efficiency and reduce intermediary costs
- Focus on real estate and alternative assets as primary tokenization targets
- Call for transparent regulatory framework aligned with global standards
- Reference to UK FCA's blueprint as potential model
Recent EY report findings:
- Tokenized assets show largest gap between current and planned investments
- Asset managers prefer partnering with tokenization firms over internal development
- Main benefits: portfolio diversification, new investor access, increased liquidity
"The developments related to the tokenization of real-world assets using blockchain technology implicate major financial market functions and processes like issuance, trading, transfer, settlement, and record of ownership." SEC Commissioner Mark T. Uyeda鈥檚 recent remarks
Bitcoin Conference 2025 Highlights Maturity of Onchain Systems
The Bitcoin Conference 2025 showcased a maturing blockchain ecosystem, with a focus on practical applications rather than experimental tech. Key takeaways: - BTC-backed real estate loans demonstrated fully onchain settlements - Infrastructure development signals transition to mainstream adoption - Industry veterans and builders showed strong conviction in onchain systems Propy demonstrated real-world applications through their onchain real estate solutions, eliminating traditional banking delays. The conference highlighted how blockchain technology is evolving from experimental phase to becoming essential infrastructure for value transfer. The event followed successful engagement at Inman Miami, where real estate and Web3 leaders gathered to discuss market transformation through blockchain technology.
Propy Token Expands Global Exchange Presence
Propy continues its strategic expansion across global cryptocurrency exchanges, marking a significant development in the real estate tokenization sector. - The platform, known for pioneering real estate NFTs, is methodically increasing its token accessibility - This expansion follows recent innovations in multi-token swapping technology - Focus remains on regulated markets and compliant exchange partnerships This measured growth approach aligns with Propy's established position in tokenized real estate, where they've demonstrated success with smart contract-based property transactions. *Key developments to watch:* - New exchange listings - Geographic expansion - Trading pair additions
PRO Token Lists on BitMart Exchange with Trading Competition
The PRO token expands its reach with a new listing on BitMart Exchange, continuing its momentum in bringing real estate to blockchain technology. Key Details: - Trading begins May 29, 9:00 AM UTC - Withdrawals open May 30, 9:00 AM UTC - 18,800 PRO tokens available in listing celebration prizes This follows PRO's recent integration with Coinbase Quests, positioning it as a leading U.S. real estate utility token focused on high-value assets. [Start trading PRO on BitMart](https://www.bitmart.com/trade/en-US?symbol=PRO_USDT)
Propy Achieves 4-Minute Earnest Money Transfer in Real Estate Transaction
Propy's digital platform demonstrated remarkable efficiency in a recent real estate transaction, processing earnest money in just 4 minutes after contract execution. This real-world transaction showcases the platform's capabilities: - 24/7 escrow access - Automated workflows - Fully digital processing - No paperwork delays - No bank hours limitations - Streamlined communication This achievement highlights how blockchain technology is transforming traditional real estate processes that typically take hours or days into minutes. *The transaction represents actual implementation of Propy's infrastructure, not a test case.*
Hawaii's First Onchain Property Sale Completed at Ala Moana
A historic real estate transaction was completed at Ala Moana #1320, marking Hawaii's first fully onchain property closing. The sale demonstrated several key innovations: - **Instant ownership transfer** using blockchain-based title - **Paperless process** replacing traditional documentation - **Smart contracts** eliminating escrow delays - **Tokenized property** infrastructure implementation The property, located at 410 Atkinson Dr, Honolulu, sold for 2.65 BTC. A detailed walkthrough of the process will be presented by crypto-certified agent Damon Rhys on April 30. [Register for the deep dive webinar](propy.com/browse/hawaii-rwa)