Real Estate Tokenization Faces Regulatory Challenges in the U.S.

Barry Sternlicht, the leader of a $125 billion real estate firm, is exploring the tokenization of real estate assets using blockchain technology. According to NS3.AI, Sternlicht highlights that despite increasing interest in this innovative approach, regulatory obstacles in the United States are hindering advancement. The company plans to provide blockchain-based tokens to its clients once there is clear regulatory guidance.