Chuck

Working to tokenize real estate. Sharing some thoughts along the way. Ya dig?

[Chuck @tokenizedirt]

A lending protocol launched this week with zero credit committee. No discretion, no favorites, just a published rule deciding who gets funded. CRE lending has never tried this. Here's why that's worth paying attention to:

https://t.co/Mh6Cb2zBgM

[RWA Foundation @RWAFoundation_]

$BUIDL is the tokenized U.S. Treasury fund from @BlackRock.

@Securitize tokenizes it, and @wormhole connects it across @Ethereum, @Solana, @BNBCHAIN, @arbitrum, @avax, @Optimism, @0xPolygon, @Aptos and @XRPLF.

That's how the world's largest asset manager goes multichain.

[tx @txEcosystem]

https://t.co/S6EhN4zAqv

[Chuck @tokenizedirt]

DAWN's USD.infra Vault publishes its actual underwriting box: 1.15x DSCR floor, 20% minimum return, no exceptions. Most CRE lenders wouldn't publish that in a hundred years. Should they?

https://t.co/Mh6Cb2zBgM

[RWA Foundation @RWAFoundation_]

If you’re bullish on tokenization, I’m bullish on you.

[Chuck @tokenizedirt]

DAWN's USD.infra Vault publishes its actual underwriting box: 1.15x DSCR floor, 20% minimum return, no exceptions. Most CRE lenders wouldn't publish that in a hundred years. Should they?

https://t.co/Mh6Cb2zBgM

[Chuck @tokenizedirt]

Rule-based lending just solved two problems tokenized CRE debt still hasn't: who votes, and who can trust the collateral marks. One structure, both fixed. Broke down how:

https://t.co/Mh6Cb2zBgM

[Chuck @tokenizedirt]

Rule-based lending just solved two problems tokenized CRE debt still hasn't: who votes, and who can trust the collateral marks. One structure, both fixed. Broke down how:

https://t.co/Mh6Cb2zBgM

[Kraken Pro @krakenpro]

generational wealth will be made onchain

[xStocks @xStocksFi]

Tokenization will be the standard for all assets

[RWA Foundation @RWAFoundation_]

Ai agents + tokenization =

[Chuck @tokenizedirt]

$10M+ deposited, a $50K bug bounty running since July, restricted access so ownership never drifts anonymous. This is what a tokenized credit platform looks like when it's actually trying to earn trust. New issue:

https://t.co/Mh6Cb2z3re

[Chuck @tokenizedirt]

CRE lending has always sold discretion as the feature. A new protocol just bet that a published rule beats a trusted gut. Here's what that could mean for tokenized real estate debt:

https://t.co/Mh6Cb2zBgM

[Chuck @tokenizedirt]

@RWAFoundation_ Yeah baby

[Diego @diegoxyz]

https://t.co/e5ThFdIRZd

[Chuck @tokenizedirt]

CRE lending has always sold discretion as the feature. A new protocol just bet that a published rule beats a trusted gut. Here's what that could mean for tokenized real estate debt:

https://t.co/Mh6Cb2zBgM

[Watcher.Guru @WatcherGuru]

JUST IN: S&P executes its first-ever onchain derivatives swap.

[RWA Foundation @RWAFoundation_]

$742 trillion in real-world assets.

Only 0.005% is onchain.

Real estate: $393T, $1.3B tokenized

Bonds: $161T, $13.8B tokenized

Stocks: $158T, $3.9B tokenized

Gold: $29T, $8.1B tokenized

Private credit: $2T, $6.4B tokenized

We haven't even started.

[Chuck @tokenizedirt]

If your fund ever pledges tokenized CRE paper as collateral for a credit line, this $403K DeFi exploit is exactly the failure mode to underwrite against before it happens to you:

https://t.co/DecLzEWaFA

[Chuck @tokenizedirt]

This is the third kind of tokenization failure we've covered, and it's the scariest one: the number on your screen and the number that's actually true can quietly stop matching, with nobody doing anything obviously wrong. New issue:

https://t.co/DecLzEWIv8