Real Estate Tokenization Consortium
Bringing together global innovators to make real estate a more accessible and transparent investment for everyone worldwide
About the Consortium
The Real Estate Tokenization Consortium (RETC) is a global initiative committed to redefining how real estate assets are created, owned, traded, and governed through the transformative power of blockchain-based tokenization.
As real estate remains one of the world’s most valuable but illiquid asset classes, RETC envisions a future where property investment is more accessible, efficient, transparent, and secure. We aim to drive this transformation by uniting a broad coalition of industry leaders, including real estate developers, financial institutions, legal experts, technology innovators, and regulatory authorities.
At the heart of our mission is the goal to standardize and accelerate the safe adoption of tokenization practices. We advocate for the development of robust frameworks that promote legal clarity, technical interoperability, and investor protection — enabling a seamless integration of tokenized real estate into global financial systems.
How the Consortium Process Works
[ 1 ]
Proposal Submission
Any member can propose a new idea — a technical standard, compliance rule, protocol, or policy recommendation.
[ 2 ]
Drafting
The proposal is formalized into a structured document by the initiator
[ 3 ]
Internal Circulation
The draft is shared within the consortium for comments, suggestions, and alignment. Active participation is encouraged but not mandatory.
[ 4 ]
Consensus & Approval
Members refine the document and reach a shared position.
[ 5 ]
Publication
The final version is published as an official consortium recommendation.
Our Goals
Establish Global Standards
Develop and publish best practices, protocols, and compliance frameworks for real estate tokenization to ensure legal and technical consistency worldwide.
Knowledge Sharing & Education
Offer educational programs, certifications, webinars, and whitepapers to upskill professionals and inform stakeholders about tokenized real estate.
Legal & Regulatory Guidance
Collaborate with legal experts and regulators to clarify jurisdictional compliance requirements and support the creation of policy frameworks for tokenized property.
Ecosystem Development
Support the growth of a healthy ecosystem by connecting technology providers, legal advisors, real estate firms, and investors under a shared mission.
Technical Frameworks & Interoperability
Promote secure, scalable, and interoperable technical standards for asset tokenization, smart contracts, custody, and blockchain platforms.
Research & Innovation
Conduct and support applied research on real-world use cases, pilot projects, and the evolving impact of tokenization technologies in real estate.
Consulting & Advisory Services
Provide expert advisory to real estate developers, fintechs, governments, and institutional investors entering the tokenized asset space.
Advocacy & Mass Adoption
Advocate for the benefits of real estate tokenization in public and private forums, aiming to drive global awareness, trust, and adoption at scale.
Join RETC
Tap into a community that stays at the forefront of this innovation
How Real Estate Tokenization Works
The traditional real estate market
is on the verge of a permanent transformation
1. Asset Selection & Structuring
The real estate asset is chosen based on its legal, financial, and commercial viability. The structure is tailored based on jurisdiction, asset type, and investment goals.
This phase requires legal guidance to ensure compliance with local property and securities laws.
2. Legal Review & Compliance Mapping
Lawyers assess how tokenization aligns with jurisdiction-specific rules. This includes defining whether the token is a security, income share, or utility.
Each jurisdiction demands a custom legal strategy shaped by local regulations and investor protections.
3. Token Creation & Rights Definition
Tokens are issued on a blockchain and represent specific rights — such as ownership, cash flow, or profit participation — as permitted by law.
Smart contracts are programmed to reflect those rights, transfer rules, and legal restrictions.
4. Offering & Distribution to Investors
Tokens are offered to qualified investors through a regulated platform or private sale. Distribution follows KYC/AML checks and legal investor eligibility criteria.
Clear documentation outlines the terms, rights, and risks of the offering.
5. Post-Sale Management & Liquidity
Investors receive updates, income, and rights via the digital platform. Where allowed, tokens can be traded on compliant secondary markets.
All activity complies with ongoing reporting, investor protections, and platform regulations.
Regulatory Worldwide (23)
European Union
Markets in Crypto-Assets Regulation (MiCA)
Regulates crypto assets (except security tokens); impacts RWA infrastructure, stablecoins, and VASPs
Germany
Federal Financial Supervisory Authority (BaFin)
Regulates security tokens and digital securities offerings; issued first crypto custody licenses
France
Autorité des marchés financiers (AMF)
Supervises DASPs; supports regulated security token offerings (STOs)
Italy
Commissione Nazionale per le Società e la Borsa (CONSOB)
Regulates financial markets; oversees tokenized securities under national rules
Spain
Comisión Nacional del Mercado de Valores (CNMV)
Oversees securities token offerings, crypto-related financial products
Luxembourg
Commission de Surveillance du Secteur Financier (CSSF)
Supports tokenized funds and securities under EU law
Denmark / Norway
Financial Supervisory Authority (Finanstilsynet)
Regional enforcement of MiFID/MiCA; oversees digital securities
Austria
Financial Market Authority (FMA)
Applies MiFID rules to tokenized securities platforms
Finland
Financial Supervisory Authority (FIN-FSA)
Monitors token offerings; AML registration for crypto entities
Netherlands
Autoriteit Financiële Markten (AFM)
Guides STOs and crypto asset platforms under Dutch financial law
United Kingdom
Financial Conduct Authority (FCA)
Regulates security tokens, VASPs, and secondary markets; issues crypto registration licenses
Switzerland
Swiss Financial Market Supervisory Authority (FINMA)
Clear classification of payment, utility, and asset tokens; licenses digital asset exchanges and custodians
Singapore
Monetary Authority of Singapore (MAS)
Progressive framework for digital securities and tokenized assets; robust fintech sandbox; issues Payment Services Act licenses
United Arab Emirates (Dubai)
Virtual Assets Regulatory Authority (VARA)
Dedicated crypto regulator; licenses token issuers, exchanges, and custodians
United States
Securities and Exchange Commission (SEC)
Regulates all security tokens; requires compliance via Reg D, Reg S, Reg A+, etc.
Canada
Canadian Securities Administrators (CSA)
National coordination of provincial regulators; regulates STOs as securities
Japan
Japan Financial Services Agency (JFSA)
Strict but defined framework for tokenized securities and crypto custodians
Hong Kong
Securities and Futures Commission (SFC)
Approves security token exchanges; regulates VASPs under new licensing regime
Australia
Australian Securities and Investments Commission (ASIC)
Tokenized real estate and RWA offerings fall under Managed Investment Scheme laws
South Korea
Financial Services Commission (FSC)
Oversees crypto and security token regulation; updates expected under Digital Asset Framework
India
Securities and Exchange Board of India (SEBI)
Cautious stance; security tokens fall under existing securities regulations, no dedicated RWA law yet
Brazil
Comissão de Valores Mobiliários (CVM)
Issued guidelines for STOs and tokenized real estate pilots under securities law
Argentina
Comisión Nacional de Valores (CNV)
Beginning to examine regulatory frameworks for tokenized assets