Arkadia Global To Launch Its Asset Tokenization Platform On Hedera

Twitter icon  •  Published 1年前  •  Hassan Maishera

HBAR Foundation, the development team behind the Hedera blockchain, announced via Twitter on Friday that Arkadia Global, an asset tokenization leader, will be launching their real estate tokenization platform on the Hedera blockchain.

HBAR Foundation, the development team behind the Hedera blockchain, announced via Twitter on Friday that Arkadia Global, an asset tokenization leader, will be launching their real estate tokenization platform on the Hedera blockchain. 

The HBAR Foundation added that the real estate solution would leverage the full Hedera Token Service (HTS) suite, including the native KYC function for local laws and regulation, to tokenize properties and, in turn, fractionalize the ownership of these assets.

Hedera Hashgraph is distributed public ledger infrastructure. According to the team, it offers significant improvements over existing blockchains in five areas: performance, security, governance, stability, and regulatory compliance.

HBAR is trading at $0.0567 at press time, down by more than 1% over the last 24 hours.

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.