The Secondary Market Problem Nobody Talks About
The tokenised real estate pitch sounds clean. Fractional ownership. Democratised access. A building turned into a stock you can trade. Lovely. But the real estate
The tokenised real estate pitch sounds clean. Fractional ownership. Democratised access. A building turned into a stock you can trade. Lovely. But the real estate

Stablecoins break when liquidity, custody, or regulation snaps—not when reserves vanish. Here’s the failure stack.

Most RWAs stall off-chain: identity, transfer rules, enforcement, distribution. Here’s how to spot winners early.