Research concept · on requestNot on a step yet
ImmoToken
Concepts for tokenized real estate in Germany.
How could a share in a building be issued, held and transferred as an electronic security? ImmoToken studies the market, the legal frame and a technical design for it.
MarketReal estate, real-world assets
Legal frameElectronic Securities Act (eWpG)
StageResearch and concept
The concept
From a building to a security you can hold digitally.
AssetA propertyWith its land register entry and documents.
IssuerA legal structureHolds the property and issues the security [structure to confirm].
RegisterAn electronic securityRecorded in a crypto securities register under the eWpG.
HoldersInvestorsHold and transfer shares digitally.
The agentic idea · open research questionsWhere agents could help on traced data. Not built.
Document checksCompare property documents against what the issuer states.
Register reconciliationKeep the securities register and the land register in step.
Holder reportingDraft periodic reports, approved by a person before they go out.
The question
The law allows it. What would it take?
Since 2021, German law allows securities that exist only in an electronic register. For real estate, market structure, requirements and a workable technical design are still open.
What we did
- 01A market analysis of real estate tokenization in Germany.
- 02A regulatory and technical concept, published at IEEE ICBC 2023.
- 03A book chapter on real estate tokenization (Haufe, 2024).
IEEE ICBC 2023Real Estate Tokenization in Germany: Market Analysis and Concept of a Regulatory and Technical Solutiondoi.org/10.1109/ICBC56567.2023.10174954
Haufe · 2024[Book chapter on real estate tokenization: exact title]
Funding, partnerZIM project [wording to confirm] · XU Exponential University
Available as a research project, on request.
If tokenized assets are on your agenda, we can pick up where the research stands.