Cardone Capital is preparing to tokenize approximately $5 billion in real estate assets

According to CoinDesk, real estate investor Grant Cardone stated that his company Cardone Capital is preparing to tokenize approximately $5 billion in real estate assets to provide on-chain collateral and secondary market liquidity for investors.

The company had previously announced plans to use property cash flow to purchase Bitcoin long-term, and in June of this year, it bought 1,000 BTC, with plans to continue increasing its holdings.