Discussions regarding the tokenization of real-world assets have gained momentum again in the Hedera ecosystem. While public data dashboards show the size of tokenized real estate on the network as 64.5 million dollars, ecosystem-based shares indicate a volume much higher than this.
Difference between public data and company data
While HBAR was trading around $0.078 at the time of writing, it has lost value in the last 24 hours. While the price movement remained tight between 0.075 and 0.081 dollars, it was reported that the transaction volume was also weak.
The post by X Finance Bull on the X platform brought renewed attention to the real-world asset ecosystem on Hedera. The post argued that public RWA tracking dashboards do not fully reflect the total tokenization activity on the network.
Publicly available RWA data shows $64.5 million in tokenized real estate on Hedera. On the other hand, RedSwan data indicates a size of over $ 5 billion and it is claimed that there is a significant difference between the picture seen on the tracking boards and the actual assets on the network.
According to the information shared, the tokenized real estate value on Hedera on open boards is approximately $64.5 million. In contrast, the figure associated with RedSwan CRE exceeds $5 billion.
Houston-based RedSwan CRE is known as a platform focused on commercial real estate tokenization. Hedera’s official information states that the company has tokenized more than $5 billion of institutional real estate on the network. It was also noted that the platform aims to increase this volume to 25 billion dollars in the next 36 months.
Mini dictionary: Security token offering refers to the token structure that represents regulated financial rights such as shares, debt instruments or income rights on the blockchain. These types of products may have limited visibility on public market boards because they are often only available to verified investors.
Private supply structure limits visibility
It was shared that CEO Edward Nwokedi, who is in the management of the company, previously served in a senior position within Cushman & Wakefield. The platform also reports that it has reached more than 13 thousand investors and manages funds focusing on the US, Africa and Gulf markets.
It was stated that in 2023, RedSwan received a portfolio worth $ 4 billion from a Dubai-based customer. It was stated that this portfolio, consisting of 36 mixed-use properties in the Middle East, was valued by Cushman & Wakefield and tokenized on RedSwan’s Hedera-based platform.
The focus of the debate is why this size is not included in many public RWA boards. According to the information shared, the assets in question were structured as regulated security token offerings and were offered only to verified investors.
Regulatory contacts and price outlook are monitored
In addition to the tokenization topic, it was also seen that Hedera increased its participation in regulatory negotiations in the USA. It was stated that the network joined the Clarity Act coalition, supported by approximately 200 organizations. This initiative advocates creating clearer rules regarding digital commodities and market structure.
It was reported that in the same period, Hedera representatives participated in the contact program organized by the Blockchain Association, and meetings were planned with 52 US Senate offices on the regulatory framework and market structure of the sector within the scope of the event. On the market side, it was stated that HBAR decreased by approximately 9 percent in the last week, and the range between 0.084 and 0.10 dollars was followed as resistance and the level of 0.075 dollars was followed as support.
