Real estate billionaire Barry Sternlicht is ready to tokenize assets, but says U.S. regulation blocks it

Real estate billionaire Barry Sternlicht has expressed his readiness to explore the tokenization of assets, a process that involves converting physical assets into digital tokens that can be traded on blockchain platforms. However, he has also pointed out that current regulatory frameworks in the United States pose significant barriers and challenges that hinder the implementation of such innovative financial solutions. Sternlicht believes that without clearer regulations and guidelines, the potential benefits of asset tokenization cannot be fully realized in the U.S. market, stifling the growth and development of this promising technology in the real estate sector and beyond. source: https://www.coindesk.com/business/2026/02/18/real-estate-mogul-barry-sternlicht-says-his-firm-is-ready-to-tokenize-assets-but-u-s-regulation-blocks-it