AssetBlock Tokenizes $60M of Real Estate on Algorand’s Blockchain

Blockchain real estate investment firm AssetBlock launches its commercial real estate investment platform on Algorand’s (ALGO) blockchain. According to an AssetBlock press release published on Sept. 17, the firm partnered with luxury hotel asset manager Lodging Capital Partners (LCP) to tokenize $60 million of exclusive hotel properties on Algorand. Opening real estate investment to everyone As a result of the partnership, crypto-savvy investors will have access to properties that are unavailable to the public and will be able to exchange the blockchain’s native tokens for those assets.  CEO and founder…

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