Real estate mogul Grant Cardone asked which blockchain should partner with Cardone Capital to tokenize its $5 billion portfolio, publicly calling out Solana (CRYPTO: SOL), Polygon (CRYPTO: POL), and Avalanche (CRYPTO: AVAX).
The $5B Tokenization Plan
Cardone Capital is preparing to tokenize its real estate holdings to provide investors with collateral and liquidity in secondary markets, Cardone announced on X on Thursday.
The firm manages multifamily and commercial properties across the U.S. and has distributed over $500 million in cash flow to investors over 10 years.
“Cardone Capital will be the market leader tokenizing our assets at scale,” Cardone told Anthony Pompliano. “The quality of investments we buy are ‘Best in Class’ traditionally reserved only for the super wealthy and institutions.”
The move follows Cardone Capital’s Bitcoin (CRYPTO: