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.
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