Tokinvest and YallaValue to support fractional property investments [Arabian Business]
Last Updated: Jan. 9, 2025
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Dubai’s Tokinvest DMCC is teaming up with YallaValue to deliver independent property valuations to support tokenised real estate investment decisions.
YallaValue is a property valuation platform and can enable smart contracts and decentralised applications to access accurate and up-to-date property information and valuations.
Jack Sellers, Founder and CEO of YallaValue in Dubai, said: “We are excited about this collaboration with Tokinvest who we recognised as an industry leader in RWA tokenisation.
Dubai real estate valuation
“We built YallaValue to provide transparent and trusted real estate valuations and real estate tokenisation is a perfect use case for us.”
Tokinvest is creating real-world asset (RWA) tokenised products that meet regulatory requirements representing fractional rights in real estate assets.
These RWA real estate tokens will provide investors with fractional exposure to both yield and the capital appreciation of the property without the significant cost and administrative overhead of acquiring direct ownership of an entire property.
Scott Thiel, CEO and Co-Founder of Tokinvest, said: “We are excited to be integrating the YallaValue solution into the design of our tokenised real estate products. It will enhance transparency and trust, making it easier for investors to evaluate and participate in tokenised real estate products.”
Tokinvest’s mission is to democratise finance by taking the world’s most desirable assets and making them available for fractional investment in a transparent and capital-efficient manner.
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