Cardone Capital Puts $5 Billion Portfolio on Blockchain

Cardone Capital's plan to tokenize its $5 billion real estate portfolio marks a significant step towards integrating blockchain technology into traditional finance. By turning ownership of properties into digital tokens, investors will be able to buy, sell, or trade ownership more efficiently than through traditional systems.

The tokenization process involves recording the ownership of real-world assets, such as buildings, on a blockchain. This allows for greater transparency and speed in transactions, as well as reduced paperwork. Tokenized real estate still faces regulatory uncertainty and limited secondary-market liquidity, but proponents argue it has the potential to modernize how assets are traded.

Cardone Capital's move follows its recent expansion into cryptocurrency, including purchasing 1,000 Bitcoin as part of a long-term strategy. The firm may continue to use real estate cash flow to buy more bitcoin in the future.