Altcoins

Hedera and RedSwan CRE’s Partnership Brings Tokenized Real Estate to the Masses: Will HBAR Fuel Growth?

  • Hedera is driving its tokenization agenda with a RedSwan CRE partnership.
  • The protocol’s push to drive mainstream adoption of the price is considered a major boost for HBAR.

Hedera, a well-known decentralized open-source network, recently announced a strategic partnership with RedSwan CRE, a commercial real estate tokenization marketplace. This partnership is anticipated to expose the masses to the real estate market and increase the adoption of Hedera’s native token, HBAR.

RedSwan CRE Taps Hedera’s Network

According to the announcement, RedSwan CRE will utilize Hedera’s efficient and secure network to transform real estate investment through tokenization. With RedSwan CRE, individuals can own a fraction of a property instead of buying the entire asset.

RedSwan CRE is breaking boundaries with its revolutionary platform, transforming high-value assets into accessible, flexible digital investments. Leveraging Hedera’s network, RedSwan CRE aims to ensure tokenized real estate becomes available for the masses.

Notably, the Hedera platform streamlines the tokenization of physical and digital assets, making them liquid, fractional, and transparent. Hedera offers unmatched performance, security, and compliance for thriving tokenized economies.

Utilizing #Hedera‘s efficient and secure network, @RedSwanCRE is transforming real estate investment through #tokenization. With their innovative platform, they are breaking down barriers by turning high-value properties into accessible, flexible digital investments. #RWA pic.twitter.com/2RFwvZ86Fs

— Hedera (@hedera) December 17, 2024

Hedera enables the efficient development of multiple asset types, unleashing trillions of dollars in illiquid assets. At the same time, the network gives organizations and developers powerful tools to drive the evolution of financial markets. Hedera’s partnership with RedSwan CRE is set to change the shape of the commercial real estate industry.

Tokenization involves converting ownership of physical or financial assets into digital tokens recorded on the blockchain. This approach allows for fractional ownership, making high-value assets such as real estate, bonds, and stocks more accessible to a broader range of investors. Through tokenization, previously illiquid assets become easily tradeable, increasing greater liquidity and democratizing investment opportunities.

Analysts predict that the tokenized asset market will reach $16 trillion by 2030. To achieve further success in this competitive environment, Hedera’s efforts go beyond RedSwan CRE. According to a CNF report, global fintech company Zoniqx recently tapped Hedera to drive its tokenization agenda.

Also, The Hedera Foundation has partnered with Copper, a top institutional digital asset infrastructure service provider. CNF reported that the collaboration aims to accelerate institutional adoption of the Hedera protocol.

Impact on HBAR

As commercial real estate becomes available to the masses through the partnership between Hedera and RedAwan CRE, HBAR is expected to see rising adoption.

This will eventually translate to higher prices for the digital asset. In fact, HBAR is currently riding on a bullish momentum following the announcement of the partnership.

HBAR trades at $0.3042 as of this writing, demonstrating a 4.1% increase in the last 24 hours. The daily trading volume increased by 70.48% to $1.4 billion, suggesting investors’ willingness to accumulate the token.

Market analysts have predicted HBAR’s recent rally will not stop soon. A popular analyst with the username @BlockAxis on social media platform X targets $100 for HBAR. Looking at the current price trend, Hedera’s partnership, and ecosystem developments, the future appears bright for HBAR.

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