Empowering Global Real Estate Investments through Advanced Tokenization and Fractional Ownership Solutions
Zoniqx ("Zoh-nicks"), a global leader in the tokenization of real-world assets (RWA), and Azvada, a pioneering platform for blockchain-based real estate investments, are pleased to announce their latest initiative aimed at transforming the traditional real estate market. This step integrates the unique strengths of both companies to provide investors with unprecedented access, liquidity, and transparency in real estate investments through blockchain technology.
Azvada’s innovative platform addresses critical pain points in traditional real estate by enabling the tokenization and fractional ownership of properties. By breaking real estate assets into digital tokens, investors can diversify their portfolios across a range of properties, access global markets, and benefit from enhanced liquidity and reduced transaction costs. With Azvada, the barriers to real estate entry are significantly lowered, providing investors with opportunities previously available only to a select few.
Through Zoniqx’s advanced Tokenized Asset Lifecycle Management (TALM) solution and Dynamic Compliant Interoperable Security Token (DyCIST/ERC 7518) protocol, Azvada’s tokenized properties will now be managed within a fully compliant, interoperable infrastructure. Zoniqx’s end-to-end solution allows for on-chain, fully automated deployment of real-world assets across public, private, and hybrid blockchain environments. This move will enhance the efficiency, security, and scalability of real estate tokenization, empowering a new generation of real estate investors.
FCA Digital Sandbox Pilot – Azvada’s Strategic Step Toward a UK License
Azvada has applied to the FCA Digital Sandbox pilot in the UK, marking a pivotal move toward securing a UK license. This license will provide Azvada with significant mileage in bringing its tokenized real estate platform into a regulated, compliant framework. The Permanent Digital Sandbox offers access to essential datasets, mentorship, and networking opportunities that foster regulatory collaboration and support innovation.
The FCA reviews applications based on genuine innovation, consumer benefit, and readiness, and Azvada is well-positioned to benefit from this supportive environment. The decision is expected by September 12, 2024. Upon approval, Azvada will gain critical support and resources to further enhance the compliance and trust of its platform, offering more secure and efficient real estate tokenization solutions to a global investor base.
This milestone also has significant advantages for Zoniqx, as its tokenization infrastructure, including the Dynamic Compliant Interoperable Security Token (DyCIST/ERC 7518) protocol and Tokenized Asset Lifecycle Management (TALM) solution, will seamlessly integrate with Azvada’s platform. By aligning with Azvada’s compliance and regulatory developments in the UK, Zoniqx will expand its reach into regulated markets and strengthen its position as a global leader in the tokenization of real-world assets. This step amplifies Zoniqx’s ability to deliver compliant, secure, and scalable tokenization solutions to a broader investor audience, furthering its mission to enhance global liquidity and real estate investment accessibility.
David Johnson, Founder and CEO of Azvada, commented:
"At Azvada, our core mission has always been to reshape and democratize the real estate investment landscape by making it accessible to everyone, regardless of capital size. We’re pioneering the use of tokenization to fractionalize property ownership, making real estate investment more flexible and transparent. Our initiative with Zoniqx further elevates our platform, allowing us to provide investors with enhanced security and compliance while keeping costs low. This partnership aligns perfectly with our vision, enabling Azvada to unlock greater liquidity for global property markets and empower a new generation of investors with seamless access to real estate opportunities around the world."
Prasanth Kalangi, Founder and CEO of Zoniqx, stated:
"The tokenization of real-world assets is reshaping industries, and real estate is at the forefront of this shift. With Zoniqx’s Tokenized Asset Lifecycle Management (TALM) solution, we’re advancing Azvada’s platform to streamline the tokenization of properties, providing greater scalability and efficiency. Together, we are opening new pathways for investors to access global real estate markets with ease and confidence."
Sanjeev Birari, Co-Founder and CBO of Zoniqx, added:
"Our Dynamic Compliant Interoperable Security Token (DyCIST/ERC 7518) protocol is key to bringing interoperability, security, and compliance to this partnership. By integrating with Azvada’s innovative real estate platform, we are ensuring that tokenized properties meet global standards while offering enhanced liquidity and security. Azvada’s approach to democratizing real estate investment, combined with Zoniqx’s robust infrastructure, is setting a new precedent for the future of property investments worldwide."
Azvada is a pioneering real estate investment platform that leverages blockchain technology to democratize property investment. By offering tokenization and fractional ownership of real estate assets, Azvada addresses key challenges in traditional real estate investment, such as lack of diversification, illiquidity, and high transaction costs. The platform enhances liquidity and transparency while reducing transaction fees, opening new opportunities for investors globally.
Zoniqx is a global fintech leader headquartered in Silicon Valley, specializing in converting real-world assets into Security Tokens. It offers an interoperable, compliant infrastructure for the RWA tokenization market, enabling global liquidity and DeFi integration through its end-to-end ecosystem of SDKs and APIs. Zoniqx pioneers on-chain, fully automated RWA deployment on public, private, and hybrid chains. To explore how Zoniqx can assist your organization in unlocking the potential of tokenized assets or to discuss potential partnerships, visit Zoniqx Contact Page.