Red Swan – a Commercial Real Estate (CRE) marketplace from Texas – has reportedly finalized the tokenization process of $2.2 billion equivalent of high-end real estate. 

Specifically, via a previously formed alliance with security tokenization startup Polymath, Red Swan, with currently 30,000 accredited investors in its pool of registered clients, has revealed its initiative for tokenization, of $4 billion worth of property assets, within an undisclosed period of time. 

The main source of profit for Red Swan will reportedly be the percentage of the equity purchased by clients. 

The generated tokens will act as representative of 16 high-end properties throughout California, New York, and Texas, including mid-rise and high-rise apartments, along with 150 acres worth of farm land located in the Ontario province of Canada. 

Tokens, with estimated value of $780 million, will be put up for public purchase, via a pre-sale, to accredited investors, in what is believed to be the biggest tokenized real estate sale throughout the globe, up to now.

The targeted demographic of investors for this token sale will be individuals planning for deployment amount, which falls between $500,000 and $10 million – who do not have sufficient capital to buy top-tier, ‘Class A’ commercial real estate in traditional markets.

Red Swan hoped that its tokenization attempt will enable accelerated circulation process of capital, with more freedom, within the property market, making equity that cannot be circulated for long periods of time available.