Starwood Founder Barry Sternlicht: Ready to push forward with asset tokenization but constrained by U.S. regulations

RWA-0,89%

Odaily Planet Daily News: Billionaire in real estate and founder of Starwood Capital Group, Barry Sternlicht, stated that the company is prepared to tokenize real-world assets (RWA) such as real estate on the blockchain, but due to regulatory restrictions in the United States, they are currently unable to advance the plan. Starwood manages assets exceeding $125 billion. Sternlicht pointed out at the World Liberty Forum that asset tokenization can create new financing methods for less liquid assets like real estate and make it easier for investors to participate. He described this technology as a “future trend” and believes its development stage is even earlier than artificial intelligence. Industry reports indicate that Deloitte expects the global tokenized real estate market to reach $4 trillion by 2035, a significant increase from less than $300 billion in 2024, representing an approximate compound annual growth rate of 27%. Sternlicht called for clearer regulatory environments to unlock the potential of asset onboarding onto the blockchain.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Final hope for US-Iran talks? Trump appoints Vice President Pence to lead "US-Iran negotiations," warning that failure will escalate military strikes.

U.S. Vice President Vance will lead the peace negotiations for a new round of talks to end the U.S.-Iran war, becoming a more attractive channel for dialogue because he opposes a long-term conflict. Although he is skeptical of optimistic predictions about Israel and faces internal pressure, if the negotiations fail, the U.S. military is prepared to escalate military action. Trump has extended the negotiation deadline, hoping to facilitate in-person meetings.

動區BlockTempo49m ago

Israeli Defense Minister: Actions against Iran will escalate further, and Iran will pay a heavy price for its continued missile launches.

Israeli Defense Minister Katz announced that due to Iran's continued missile attacks on Israeli civilians, the Israel Defense Forces will expand the scope of military strikes against Iran and strengthen retaliatory actions, indicating an increased risk of escalation in the Middle East geopolitical crisis.

動區BlockTempo59m ago

Bitcoin drops to two-week low as $300 million in longs are liquidated

The crypto market tumbled to the lowest levels in more than two weeks, with bitcoin BTC$66,682.75 dropping below $67,000 and ether (ETH) closing in on $2,000. The CoinDesk 20 Index (CD20) lost 2.2% since midnight UTC, reaching its lowest since March 9. The fall coincided with a drop in U.S.

CoinDesk1h ago

News of the closure of the Strait of Hormuz is spreading, as a certain whale quickly built a position with a scale of 7.7 million long oil and short ETH combination.

On March 27, Hyperinsight detected that due to Iran's announcement to close the Strait of Hormuz, a whale opened a long position in Brent crude oil with 8x leverage, holding a position of $6.7 million, while also taking a short position in ETH with 20x leverage, totaling $7.7 million, reflecting a bet on the escalating U.S.-Iran situation and rising oil prices.

BlockBeatNews2h ago

Iran launched a new round of missile attacks against Israel, and the Israeli military activated its air defense system to intercept.

Gate News reports that on March 27, Iranian officials announced a new round of missile attacks against Israel. The Israel Defense Forces released a statement indicating that they have detected Iran's new missile assault on Israel. Currently, the Israeli air defense system has been activated to intercept incoming aerial targets. The military's rear command has issued alerts to residents in the affected areas, advising them to take protective measures.

GateNews2h ago

Another blockade? Iranian Revolutionary Guard: Re-blocking the Strait of Hormuz! Bitcoin drops below $68,000.

The blockade of the Strait of Hormuz has entered its fourth week. Iran previously announced that ships from some countries would be allowed to pass, but today it reaffirmed that it will impose a full blockade of the strait. Israel announced an attack and killed Iran’s navy commander. Trump extended the deadline of his final ultimatum to Iran to April 6, and the market pulled back amid heightened tensions, with cryptocurrency Bitcoin also falling.

動區BlockTempo2h ago
Comment
0/400
No comments