The PennZone

  • Home
  • Non-profit
  • Education
  • Business
  • Technology
  • Construction
  • Health
  • Software
  • Entertainment

First Connecticut Office Building Tokenized
The PennZone/10055716

Trending...
  • The Simplest Small Business You're Probably Not Thinking About
  • KT Medical Staffing Expands Concierge Nursing and Private Duty Nursing Services in Orange County
  • All About Technology Celebrates 25 Years of Bridging Detroit's Digital Divide
REINNO Real Estate Tokenization Stamford, Connecticut REINNO
REINNO tokenized an office building in Stamford, Connecticut to replace traditional bank financing.

STAMFORD, Conn. - PennZone -- After successfully tokenizing a $105-million-dollar commercial real estate (CRE) fund last month, REINNO issued tokens backed by a multi-million-dollar commercial building in Stamford, CT. The tokens were created on the Ethereum blockchain utilizing industry and regulatory standards. In addition to the technical side of tokenization, REINNO provided all the necessary resources for the project, including establishing the legal structure.

Tokenization as a New Financing Tool
Real estate tokenization creates digital representation of equity and/or debt in the form of securitized digital tokens. It is a tool that makes financing and capital raising easier, faster, more efficient and secure. However, there is a lot more involved than just creating the tokens. For tokenization projects to succeed and disrupt the real estate industry, the tokenization company has to have a deep understanding of the industry in addition to knowing the technology.

More on The PennZone
  • Mutant-Fueled Bio-Cyberpunk Shooter HoverGrease 2 Launches May 22
  • Triple-Digit Growth, OTCQX Market Upgrade and a Rapidly Expanding Specialty Healthcare Platform: Cardiff Lexington Corporation: Stock Symbol: CDIX
  • XRPPower Continues Strengthening Its Global AI-Powered Blockchain Ecosystem
  • Lick Introduces Pineapple Flavored Massage Oil — A Tropical Date Night Favorite Available on Amazon
  • FutureLot Powers ADU Wizard for Massachusetts Clean Energy Center's Statewide ADU Resource Center

"That is where REINNO stands out. Unlike its competitors, REINNO provides not only tokenization but also additional services, from regulatory compliance and legal structure to lending against real estate tokens to create liquidity," said Viktor Viktorov, CEO of REINNO. "In addition, we are excited to have partnered with a fully-regulated security token exchange to create greater liquidity for investors."

The Deal
Most tokenized properties are offered to investors in the form of security token offerings. In the case of this commercial building, the owners are not planning to sell. Instead, they will use tokens as loan collateral. REINNO has a proprietary risk assessment model which allows it to almost instantly lend money against CRE tokens. This is a true breakthrough for the real estate market that has been inefficient for years. In the traditional model, borrowing against real estate is expensive and time-consuming, especially when dealing with banks, lawyers and title companies.

More on The PennZone
  • ICT Innovations Releases ICTPBX Community Edition as Open Source Under Mozilla Public License 2.0
  • Brett Furman Expands AI and Marketing Team to Better Help Home Sellers Navigate the Future of Online Search
  • Maryland Personal Injury Firm Earns National Recognition in 2026 ELA Awards
  • Robert J. Bradshaw's AYE is a Gripping Dual Reality Thriller Exploring the Increasingly Blurred Line Between Humanity and Technology
  • Bangxing Silicone Revolutionizes Silicone Baby Product Partnerships: Low MOQ Support + VIP Long-Term Win-Win Programs

"Thanks to tokenization and our proprietary lending platform, leveraging an equity investment and pledging tokens to take a loan is possible in just a few minutes," said Barry Monies, co-founder of REINNO. "Moreover, fractional ownership makes it possible to use a portion of tokens as collateral rather than putting a lien on the entire property."

The Future
We are in the early stages of both blockchain and tokenization. Like any other technology, it has to be made simple in order to achieve mass adoption. As more successful projects appear on the market, the public is enticed to learn about the new technology and its applications. Once there is a history of tokenization bringing real liquidity, we can expect wider adoption. REINNO has many deals in the pipeline and is on its way to becoming the one-stop shop for tokenizing real estate and the services associated with this asset class.

Contact
REINNO
***@reinno.io


Source: REINNO
Filed Under: Technology

Show All News | Disclaimer | Report Violation

0 Comments
1000 characters max.

Latest on The PennZone
  • CAPO Supply Announces Opening of Second Location in New Castle, Pennsylvania
  • $224 Billion Growing Market in Life Settlements Presents Major Opportunity for New Policy Acquisition Business Plan: DLT Resolution Stock Symbol: DLTI
  • Fyt-02 Launches on Kickstarter The Smart Sensor That Turns Any Chair Into a Posture & Movement Track
  • YieldOMega Launches $DOUB Airdrop Campaign Ahead of TimeCurve Launch
  • Kaltra Expands Microchannel Water Coil Line for U.S. HVAC Market With New Corrosion-Resistant Tube Technology
  • Brewtay Coffee Partners with Alex's Lemonade Stand to Fuel Penn Wynne Volunteers
  • White Coat Growth Launches to Help Medical Practices Attract More Patients and Scale with Confidence
  • Collectibles EvoRelic Celebrates Stellar 4.8-Star Customer Rating
  • Phoenix Hip-hop Artist Rhymi Hits 23k Monthly Listeners 12 Days After Album Release
  • Pediatrician Launches "Confessions of a Detective Doctor" Children's Book Series
  • Integrated Maintenance Platforms Are Transforming Aircraft Operations
  • T. Jones Group's Cameron Jones Serves as Judge for the 2026 CHBA National Awards for Housing Excellence
  • Derek Advanced Tracking Systems Revolutionizes Asset Monitoring with Advanced Technology
  • The AI Direction Deficit: TripleTen Study Finds Staff Get Told to Use AI — But Not Trained to Use It
  • Edwards & Virginia Business Systems Announces Leadership Appointments
  • $29.8 Million Record Setting Q1 with Boosted Annual Guidance to $160 Million for Expanding Pre-Owned Boat Dealer: Off The Hook YS, Inc. N Y S E: OTH
  • All About Technology Celebrates 25 Years of Bridging Detroit's Digital Divide
  • iatroX surpasses 500,000 clinical queries and expands specialist exam coverage
  • Inside-Out Hollywood: The Relentless Rise of Joseph Nybyk (AKA Joseph Neibich)
  • SRK Collective Media Group Launches with a Modern Approach to Media, Authority Building, and Cultural Visibility

Popular on PennZone

  • Virginia Moving Company Nearly Doubles Customer Calls in Two Weeks After Switching to CARL — the Bold New Alternative to WordPress
  • People & Stories/Gente y Cuentos Welcomes Two New Trustees as Organization Enters 54th Year and Expands Community Reach
  • New plusOne Research Finds the Orgasm Gap Is a 30-Point Chasm — and Confirms It Isn't Biology
  • Strategic Talent Associates Launches THE ALIGNED RESET™
  • AWARENESS TO WELLNESS: Imhotep Institute Charter High School
  • Assymetrix Launches the Deepest Independent Prediction Market Data API
  • RAS AP Consulting Advances to RFP Stage in Heidelberg Materials' SAP Vendor & Customer Master Data Modernization Initiative
  • Resident Inspect Joins Property Meld Nexus Network with API Integration
  • New Homesites Released at Heritage at Manalapan Featuring Scenic Golf Course Views
  • Expert E-Bike Safety Advocate Issues Urgent Warning Following Recent Southern California Fatalities

Similar on PennZone

  • Triple-Digit Growth, OTCQX Market Upgrade and a Rapidly Expanding Specialty Healthcare Platform: Cardiff Lexington Corporation: Stock Symbol: CDIX
  • XRPPower Continues Strengthening Its Global AI-Powered Blockchain Ecosystem
  • FutureLot Powers ADU Wizard for Massachusetts Clean Energy Center's Statewide ADU Resource Center
  • ICT Innovations Releases ICTPBX Community Edition as Open Source Under Mozilla Public License 2.0
  • Brett Furman Expands AI and Marketing Team to Better Help Home Sellers Navigate the Future of Online Search
  • Robert J. Bradshaw's AYE is a Gripping Dual Reality Thriller Exploring the Increasingly Blurred Line Between Humanity and Technology
  • JFAB Consulting Elevates Brand with New Identity and Digital Experience
  • Advanced AI Capabilities Reflected by Upcoming Company Name and Stock Symbol Change for Evolving Pre-Owned Boat Dealer: Off The Hook YS: N Y S E: OTH
  • AI-Driven Defense Expansion, Autonomous Systems and Israeli Aerospace Manufacturing Platform: VisionWave Holdings (N A S D A Q: VWAV)
  • The AI Production Shift: Why Game Development Is Entering Its Most Accelerated Phase
Copyright © The PennZone | Theme: OMag by LilyTurf Themes
  • Contribute
  • Privacy Policy
  • Terms of Service
  • Contact Us