StegX, a tokenized real estate investment platform, announces a strategic partnership with Palisade, a digital asset custody provider, to directly integrate Palisade’s institutional-grade custody wallet into StegX’s end-to-end service offering . The partnership aims to streamline and strengthen the security and compliance of StegX’s tokenized investment products in response to a global network of institutional investors.
StegX partners with Palisade to provide integrated custody solution for tokenized real estate investments
Through this partnership, StegX will integrate a secure and sanctioned custody infrastructure for token issuance listed on the platform, backed by Palisade’s institutional-grade security. StegX issuers will have access to a regulated wallet, ensuring seamless storage and management of their digital securities. This development is a key element of StegX’s efforts to build confidence in digital investing, particularly in the institutional real estate sector.
StegX partners with Palisade to provide integrated custody solution for tokenized institutional real estate investments
Additionally, Palisade’s wallet solution supports leading distributed ledger technologies (DLT) such as XRP Ledger (XRPL) and Hedera, allowing StegX to expand its technology offering and provide broader access to top institutional DLT networks. will be able to provide it.
“This partnership is a major step for StegX as we continue to evolve and innovate in the tokenization of institutional real estate,” said Daniel Radwanski, co-founder of StegX. “This is critical to fostering trust between issuers and institutions.” Palisade’s technology perfectly complements our platform’s mission to bring secure, compliant, and scalable investment opportunities to market. ”
Tom Kiddle, co-founder of Palisade, said: “Our partnership with StegX brings a new level of security and compliance to tokenized institutional real estate. This collaboration allows our clients to invest with confidence and enables growth in this space. This is a further advancement in Palisade’s mission to support organizational adoption of digital assets by providing unparalleled custody solutions.”
This announcement marks a significant step in establishing the infrastructure necessary for institutional adoption of tokenized real estate, enhancing both investor protection and operational efficiency.
StegX continues to lead in providing comprehensive tokenization services, including asset onboarding, KYC/AML compliance, legal construction, and digital issuance, ensuring a secure and transparent path for institutional investments across global markets .
Illiquidity of real estate
Real estate is, by its very nature, an illiquid asset class. Selling real estate involves countless steps, from listing the property to finding potential buyers, conducting inspections, filing tons of paperwork, and finally closing the deal. This complex and time-consuming process, combined with the high transaction costs and regulatory hurdles associated with selling real estate, significantly reduces the liquidity of real estate assets. This inherent lack of liquidity is not just a property of real estate. This is a fundamental characteristic that directly shapes the methods used to evaluate properties.
The advent of tokenization, facilitated by the rise of secondary markets for trading tokenized assets, threatens to disrupt the long-established liquidity dynamics in the real estate industry. The secondary market provides a platform for buyers and sellers to trade tokenized shares of real estate, thereby introducing a degree of liquidity that was largely absent in the sector. This transformation will effectively make real estate investments more like stocks, allowing investors to buy and sell shares in companies with the click of a button. The implications of this change are significant, offering the potential for faster, more cost-effective transactions and a far more inclusive marketplace that opens up real estate investing to individuals and entities around the world.
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