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September 7, 2024Mastering Real World Asset Tokenization
September 12, 2024Blockchain Country Case: Tokenization in Germany
Autentic community, we talked a lot with you about advantages of the tokenization. And today we would like to shed some light on the tokenization in Germany.
Thanks to Germany’s Electronic Securities Act of 2021, tokenization of property assets can now be done within a secure legal framework. This means that ownership and transactions can be managed through digital tokens, stored securely on a blockchain.
We can say that now Germany leads the way in regulating tokenized assets. Despite some legal challenges, especially around tax laws and the regulatory framework, the law has made blockchain-based real estate transactions possible, offering a legal structure for secure trading.
Although still in its infancy, Germany’s blockchain real estate market is quickly developing. Existing companies are providing tokenization services, but integrated SaaS solutions remain scarce.
Banks, real estate developers, and housing cooperatives are the key players likely to adopt these systems.
Did you get interested now in German market?