By Leonid Gurevich, Eric Tuckman and Brian McFarlane Tokenization, as it pertains to real estate, is the process of creating a virtual token that would represent ownership of a type of real estate asset. This is similar to the recent digital asset craze, non-fungible tokens (“NFTs”), except a real estate token would be tied to the value of a physical asset. With the rise of virtual tokens, here are some common questions asked about their use. How does tokenization work in real estate?
