APS Invests $3.4M in Tokenized Italian Real Estate Via MetaWealth


APS Invests $3.4M in Tokenized Italian Real Estate Via MetaWealth
Image source: CoinToday
- APS invested $3.4 million in Italian residential properties via blockchain. - This marks the first institutional purchase of tokenized real estate assets available to retail investors. On June 5, 2025, Cointelegraph reported that Pan-European fund manager APS, which manages over €12 billion ($13.7 billion) in assets, made a pivotal investment in the tokenized real estate market. The fund allocated €3 million ($3.4 million) to tokenized bonds connected to two residential properties in Italy, using MetaWealth's blockchain platform for the transaction. APS divided the investment equally, allocating €1.5 million to each property: Fo.Ro Living Rome and Porta Pamphili Rome. Blockchain technology facilitated both the transaction and its recording. MetaWealth, which started its operations in 2023, focuses on tokenizing Pan-European real estate, offering investors fractional ownership and enabling expedient transfers of real estate tokens. To date, MetaWealth's platform has facilitated over $50 million in tokenized transactions involving properties in Romania, Spain, Greece, and Italy. According to CoinMarketCap on June 5, as of 12:00 UTC, Ethereum (ETH) was trading at $3,214. The platform also noted a 2.3% increase in ETH's 24-hour trading volume.
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Published
2025-06-05 11:27
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