Vietnam-based Mey Network has announced the sale of NFTS, the leading luxury property.
The competition between real-world asset tokenization is intensifying. On Tuesday, May 12th, Mey Network announced the launch of Property Token, which offers NFTS, allowing regular traders to invest in high-value real estate.
PTO NFT Mint → RWA Super Cycle 🏠
🚪Exclusive NFT Mint is on your path.
Condress Passive income with consistent returns.
Raction fraction, liquid, accessible ownership.
world Get access to over 40 tokenized properties worldwide.For more information, please see https://t.co/7gndfngf9g pic.twitter.com/y7dypyfzuu
– Mey Network (@mey_network) May 13, 2025
Prior to asset tokenization, luxury real estate investments were only accessible to wealthy investors at the institution. However, tokenization allows everyone to buy fractional shares of the property, earn a portion of their rental income, and benefit from potential thanks.
“Real estate has traditionally been accessible only to institutional investors and wealthy individuals. With PTONFTS, we are introducing a model that expands access while leveraging blockchain for transparency and liquidity,” said a spokesman for Mey Network.
Specifically, PTO NFTs represent a part of a single property, tied to both their value and rental income. Mey Network says this is a more accessible way for everyday investors to enter the luxury real estate market.
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Currently, PTO NFT represents over 40 tokenized properties in several major cities around the world, and Mey Network plans to introduce more lists to its platform.
The RWA market hits ATH
Asset tokenization is becoming one of the most promising applications of blockchain technology. In March, the locked total value of all RWA assets reached an all-time high of $10.67 billion. Much of this TVL came from BlackRock’s tokenized funds, which accounted for more than 15% of the total.
Tokenized real estate allows ordinary investors to enter the private market while diversifying their portfolios. However, tokenization also presents risks, including trust and management risks. For one, all tokenized real estate assets require a real estate manager who can have different incentives than the actual owner. At the same time, the owner of the token depends on the reliability of the platform it uses.
read more: Tokenization empowers investors and disrupts Wall Street | Opinion