Tokenized Real Estate Booms While Security Tokens Struggle

Despite a nearly double-digit retraction in the combined capitalization of the security token sector, real estate tokens gain over 4% during April. Real estate tokens have continued to post a positive performance for investors, gaining an average of 4.27% during April while top securities tokens suffered losses for the month. The combined capitalization of security tokens fell 8% in total — comprising one of the worst months on record for the nascent sector according to a report published by Security Token Group. April also saw the combined trading activity for security tokens plummet by 38%.

Real estate tokens post April price gains

The real estate token markets for single-family homes on Patton St, Lesure St, and an apparent building on Appoline St in Detroit all saw big gains in volume this month. Trade activity for the property on Appoline St almost doubled to post nearly $25,800 alongside a price gain of 1.37%, while Patton’s st increased almost 50% to $10,600 with a 1.81% price gain. Lesure St’s volume upped 38% to $6,042 with a price gain of 1.75%. Read More...

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