what's RealT?
RealT is a blockchain platform specializing in the tokenization of real estate properties, allowing investors to purchase fractional ownership through security tokens. Each property, such as rental homes primarily in Detroit, is held by a dedicated LLC series under RealToken LLC, with tokens representing pro-rata shares that entitle holders to weekly rental income distributions paid in stablecoins like USDC. The platform operates on Ethereum-compatible chains, enabling secondary trading on DEXes. Governance and ecosystem participation are facilitated by the REG token (RealToken Ecosystem Governance), while individual property tokens fall under the RealT Tokens category. Smart contracts automate income flows, property management, and redemptions, democratizing access to real estate investing starting from small amounts.
Realt has over $150M TVL, making it GnosisChain's largest project by TVL.
Listed as a protocol in the residential fractional category of real estate tokenization, alongside Lofty and HomebaseDAO, in an analysis of the real-estate and properties RWA landscape.
The project holds over $150M in TVL and ranks as the largest project on GnosisChain by TVL.
Third batch of $XTER rewards is claimable for reALT stakers with a claim window from November 10, 04:00 UTC to November 17, 04:00 UTC.
Major crypto investigative platform Rekt launches investigation into real estate tokenization practices and management.
Severe property maintenance issues and management problems emerge with tokenized real estate properties, including black mold and broken plumbing.