Very interesting! 🔥 @reity, a tokenized real estate marketplace built on Algorand ( 32 properties tokenized in Chile, $6M in TVL so far), just launched "ReityCar", a new RWA product! It's a short-term investment opportunity backed by tokenized vehicles on $ALGO! 🚗 Investors can collectively help finance car purchases through a dealership, with investments starting at just ~$105, and earn around 1% per month (!) until the car is resold (usually within 60–180 days). Cars are insured, held by a @reity subsidiary, and used as on-chain collateral, everything is fully and transparently tracked on Algorand! ✅ Another great RWA use case on $ALGO! Well done @reity! 🫡👏

It is. I have friends investing into real estate. I see it differently. Real estate will always be around, but owing a piece of a blockchain rail that will eventually tokenize real estate won't. Node > Real Estate

We're lucky to have some amazing real estate tokenization platforms on $ALGO, especially @lofty_ai and @vestaequityvpm. But don't sleep on @reity, their recent growth has been seriously impressive! 🤯 By my estimates (TBC), they've already surpassed $4.5M in TVL, with 7,500 investors across 30 tokenized properties, all from Chile! 🇨🇱 100% on-chain and verifiable on Algorand. Btw, would be awesome if @chain_trail and @DefiLlama could start tracking them! 🙏