The real estate industry is undergoing a digital transformation, and Dubai is at the forefront of this revolution.
In this episode of Decentralize with Cointelegraph, Amira Sajwani, managing director at Damac Properties, and John Patrick Mullin, co-founder and CEO of Mantra, discuss their $1 billion plan to tokenize real-world assets (RWAs) and reshape global property investment.
Tokenization: beyond crypto volatility
One of the biggest misconceptions about asset tokenization is its association with cryptocurrency volatility. Sajwani addresses this concern head-on:
I think a lot of people associate tokenization to the volatility of cryptocurrencies. I’d love to dispel the fact that when you’re buying a tokenized asset, yes, it’s on the blockchain, but your volatility is linked to the asset that is being tokenized, not the actual, let’s say, currencies or crypto myths that exist in the market.
Unlike cryptocurrencies, tokenized real…
