Odaily Planet Daily News: Billionaire in real estate and founder of Starwood Capital Group, Barry Sternlicht, stated that the company is prepared to tokenize real-world assets (RWA) such as real estate on the blockchain, but due to regulatory restrictions in the United States, they are currently unable to advance the plan. Starwood manages assets exceeding $125 billion. Sternlicht pointed out at the World Liberty Forum that asset tokenization can create new financing methods for less liquid assets like real estate and make it easier for investors to participate. He described this technology as a “future trend” and believes its development stage is even earlier than artificial intelligence. Industry reports indicate that Deloitte expects the global tokenized real estate market to reach $4 trillion by 2035, a significant increase from less than $300 billion in 2024, representing an approximate compound annual growth rate of 27%. Sternlicht called for clearer regulatory environments to unlock the potential of asset onboarding onto the blockchain.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Multiple Institutions Raise U.S. Economic Recession Probability
Due to the ongoing U.S.-Israel-Iran conflict, the risk of U.S. economic recession is rising, with multiple institutions forecasting recession probabilities of 30%-48.6%. If high oil prices persist, they could push the economy into recession, causing concern among economists.
BlockBeatNews1m ago
Multiple institutions raise U.S. economic recession probability; Moody's predicts recession probability rises to 48.6% over the next 12 months
Due to prolonged conflicts between the U.S., Israel, and Iran, the U.S. economy faces downside risks, with multiple institutions raising recession probability forecasts. Moody's Analytics predicts a 48.6% probability. Goldman Sachs, Wilmington Trust, and EY forecast probabilities of 30%, 45%, and 40%, respectively. Experts warn that recession risks are rising.
GateNews4m ago
U.S. Treasury Secretary Bessent Proposes Reforming Federal Reserve Oversight Based on Bank of England Model
U.S. Treasury Secretary Bessent proposed drawing lessons from the Bank of England model to strengthen oversight of the Federal Reserve, which could alter the relationship between the two. He praised the UK's 1997 reform that allowed the central bank to independently set monetary policy, while criticizing the Federal Reserve's quantitative easing policies. Bessent believes that this move would help enhance the Federal Reserve's accountability while maintaining its independence.
GateNews5m ago
Will Taiwan Tax Cryptocurrencies in 2026? EY: Follow Income Tax Law Rules, Risk Penalties for Incorrect Filing
The Ministry of Finance has clarified that capital gains from cryptocurrency transactions will be included in property transaction income, and the National Tax Bureau has identified unreported amounts totaling 129 million yuan, with supplementary tax collection and penalties of approximately 34.03 million yuan. Ernst & Young points out that cryptocurrency transactions will be taxed under the Income Tax Act, but a dedicated tax system has not yet been established, and relevant regulations are still under review.
CryptoCity56m ago
Move Up to 2029! Google Sets Post-Quantum Cryptography Migration Deadline, Bitcoin Encryption Technology Faces Incoming Risks
Google announced 2029 as the deadline for post-quantum cryptography transition, alerting the industry to security threats posed by quantum computers; Bitcoin and Ethereum and other cryptocurrencies need to accelerate adoption of new technologies to resist potential attacks. Experts believe there is no need for excessive panic, emphasizing that quantum risks are exaggerated, and quantum-resistant blockchain technologies with protective measures are gradually improving.
CryptoCity1h ago
Citi Chief Investment Officer: Investors Too Optimistic About US-Iran Resolution, Need to Guard Against Inflation Risk
Citigroup's Chief Investment Officer Kate Moore expressed concern about investors' overly optimistic expectations regarding the US-Iran situation, believing that potential impacts of energy shocks and inflation may be underestimated. She recommended a more cautious approach to portfolio construction to enhance risk resilience and hedge against inflationary risks.
GateNews1h ago