The next big thing in the world of cryptocurrency might just be the tokenization of real-world assets (RWAs) on blockchains. With the initial coin offering (ICO) era behind us and the narrative around decentralized finance (DeFi) losing its luster, regulated and sustainable tokenization of RWAs is gaining traction. This shift could drive the next bull market in the crypto space. To give you a glimpse into this emerging market, we’ve uncovered five lesser-known projects that are dedicated to tokenizing RWAs and currently have a small market capitalization.

Chintai: Tokenizing a Wide Range of RWAs
Chintai has been working on tokenizing RWAs on the blockchain for over 3 years. The company uses a private blockchain and brings tokenized RWAs to popular public blockchains like ethereum, Solana, and Avalanche via network bridges. With a focus on regulated and sustainable tokenization, Chintai aims to attract institutional capital. The company holds two licenses in Singapore that allow it to operate a regulated digital asset marketplace. Chintai tokenizes a wide range of RWAs, from real estate to CO₂ certificates. The company is headquartered in Singapore with an office in Frankfurt, Germany.

Financial Technical Data
– Market capitalization: around $12 million
– Maximum token quantity: 1 billion CHEX
– Circulating tokens: 1 billion
– All-time high: $0.089
– Current price: $0.0125
– All-time low: $0.0046
– Exchanges: Bitfinex, Uniswap

Blocksquare: Pioneering Notarized Tokenization of Real Estate
Based in Ljubljana, Slovenia, with an office in Zug, Switzerland, Blocksquare tokenizes real estate. The project recently carried out the first notarized tokenization of a property and can now leverage the new EU MiCA guidelines for further pioneering work based on the regulatory framework.

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Financial Technical Data
– Market capitalization: around $8 million
– Maximum token quantity: 100 million BST
– Circulating tokens: 33 million
– All-time high: $0.58
– Current price: $0.242
– All-time low: $0.0046
– Exchanges: Uniswap

AllianceBlock: Offering a Wide Range of RWAs
The Netherlands-based blockchain project AllianceBlock offers a wide range of RWAs based on the blockchain. With Nexera, the company operates a decentralized exchange on Arbitrum, where classic tokens are also traded. AllianceBlock boasts notable partnerships and continues to shape the future of RWAs.

Financial Technical Data
– Market capitalization: around $70 million
– Maximum token quantity: 850 million NXR
– Circulating tokens: 785 million
– All-time high: $0.11
– Current price: $0.09
– All-time low: $0.042
– Exchanges: KuCoin, Bitfinex, Coinmetro, CoinEx, Bitrue

Propbase: Specializing in Real Estate Tokenization
Hong Kong-based blockchain company Propbase specializes in real estate tokenization. The company plans to conduct an initial DEX offering (IDO) in July 2023 and is already trading tokens on the MEXC exchange.

Financial Technical Data
– Market capitalization: around $24 million
– Maximum token quantity: 1.2 billion PROPS
– Circulating tokens: 180 million
– All-time high: $0.11
– Current price: $0.02
– All-time low: $0.016
– Exchanges: MEXC

Propchain: Ambitious Development Plan
Propchain, founded in Dubai in 2021 with an office in Singapore, is also dedicated to tokenizing real estate. The project has an ambitious development plan that can be viewed on its website.

Financial Technical Data
– Market capitalization: around $13 million
– Maximum token quantity: 90 million PROP
– Circulating tokens: 7.125 million
– All-time high: $1.89
– Current price: $0.02
– All-time low: $1.03
– Exchanges: Bitget, Uniswap

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In conclusion, these under-the-radar projects are at the forefront of the burgeoning tokenization of RWAs on blockchains. As with any investment, it’s important to do your own research and understand the risks involved. The potential for high profits also comes with a high failure rate, especially in the startup sector. However, these projects could hold significant potential in driving the next bull market in the crypto space. Keep an eye on these up-and-coming projects as they continue to shape the future of digital asset tokenization.



### News source: cryptoticker.io

By Team