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Cryptocurrency News Articles
Tether Stashes $102m Into Agricultural Land as Whales Eye Real Estate – Here're the Top 3 RWA Assets Crypto Investors Can Consider in September 2024
Sep 09, 2024 at 05:45 pm
Crypto is never at stasis. In 2024, key drivers include tokenization. During the last bull cycle, DeFi and NFTs gave Bitcoin and Ethereum a boost
Cryptocurrency is a rapidly evolving asset class, and 2024 has seen some key drivers emerge, including the tokenization of real-world assets (RWAs). During the last bull cycle, DeFi and NFTs gave Bitcoin and Ethereum a boost, taking them to over $69,000 and nearly $5,000, respectively. From mid-2023 or around late Q3 2023, Solana prices took off, propelled by meme coins. As we head to 2025, our eyes are on real-world asset tokenization. It is proving to be a transformative trend, seen as the link connecting the blockchain with tangible real-world assets, including real estate.
The trend is catching up, and Tether, the issuer of USDT – the world’s largest fiat-backed stablecoin – is making some moves. The latest data shows that between July and August 2024, Tether sunk $102 million into Adecoagro SA, an agricultural giant in South America. Analysts now say the decision to invest in agriculture is an endorsement of land. Meanwhile, Tether said land is an inherently scarce asset with a high long-term yield.
Top 3 Best Real Estate Tokens
As Tether plows millions into real estate, the following tokenization projects are worth watching:
1. Realio Network (RIO): Social Media’s Favorite Real Estate Crypto
The Realio Network is a Software as a Service (SaaS) platform built using a proof-of-stake consensus algorithm. Accordingly, it allows users to invest in fractional shares of top real estate projects across the world. Through tokenization, Realio eliminates barriers associated with traditional methods, effectively democratizing access to yielding and sometimes exclusive real estate and other valuable assets.
(RIOUSDT)
Since launching, RIO is up 43X from its all-time lows in 2022.
2. Polymesh (POLYX): OG RWA Coin
Polymesh is a permissioned blockchain that facilitates the trading of regulated assets. Some of them include securities, tokens, and NFTs. To make this possible, Polymesh offers a secure and compliant infrastructure for trading tokenized RWAs. Polymesh is unique because its digital assets exist at the protocol layer. For this reason, there is no need for using smart contracts. Those who engage must, therefore, submit their data as part of KYC and AML compliance.
(POLYUSDT)
POLY, the native token, is up 120% from its all-time lows recorded in June 2023.
3. Landshare (LAND): Low Cap Real Estate Crypto Gem
Landshare aims to drive real-estate tokenization, leveraging the BNB Chain. Through this platform, retail investors can invest in global real estate ventures. Those who invest in real estate benefit from capital gains and rental income. LAND is the native token; holders can vote and buy RWA tokens.
(LANDUSDT)
LAND is up nearly 200% from its October 2023 lows at the time of writing.
EXPLORE: UK Financial Watchdog Rejects Almost 90% of Crypto Firms Seeking Registration
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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- Former China Securities Regulatory Commission Director Yao Qian Accused of Accepting Bribes via Cryptocurrency Transactions
- Nov 22, 2024 at 09:40 am
- Yao Qian, former director at the China Securities Regulatory Commission (CSRC), has been accused of accepting bribes through cryptocurrency transactions
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- Chris Giancarlo Rumors Fuel Gensler Crypto Pump: Bitcoin Price Hits $98K – But Which Meme Coin Will Hit $1?
- Nov 22, 2024 at 09:15 am
- Crypto markets are entering a frenzy following the resignation of Securities and Exchange Commission (SEC) Chairman Gary Gensler. Hyped-up volatility stemming from Chris Giancarlo rumors has seen Bitcoin price hit a new all-time high above $98K. As cat meme coins go crazy, which meme coin will hit $1?
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- Bitcoin Nears US$100,000 as Trump Presidency Promises to Usher in Crypto Boom
- Nov 22, 2024 at 09:05 am
- Bitcoin closed in on the historic US$100 000 level, fuelled by optimism that President-elect Donald Trump’s support for crypto heralds a boom as the US pivots to friendly regulations in place of a crackdown.