CoFund tokenizes $10M hotel in Bali via Tokeny By Cointelegraph
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On Apr. 11, tokenization infrastructure provider Tokeny announced a new partnership with real-estate tokenization marketplace CoFund. The deal would enable CoFund to issue regulatory-compliant ERC-3643 security tokens on the Polygon (MATIC) network to tokenize a $10 million hotel in the Indonesian island resort of Bali.
According to Tokeny, investors can own a piece of the hotel starting with a minimum investment of $1,000. Luc Falempin, CEO of Tokeny, commented:
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On Apr. 11, tokenization infrastructure provider Tokeny announced a new partnership with real-estate tokenization marketplace CoFund. The deal would enable CoFund to issue regulatory-compliant ERC-3643 security tokens on the Polygon (MATIC) network to tokenize a $10 million hotel in the Indonesian island resort of Bali.
According to Tokeny, investors can own a piece of the hotel starting with a minimum investment of $1,000. Luc Falempin, CEO of Tokeny, commented:
Continue Reading on Coin Telegraph
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