RedSwan CRE, a marketplace for tokenized commercial real estate transactions, entered a partnership with Tassets (previously called RealToGroup) for the latter to provide the technology to power the marketplace.

"Through this new arrangement, RedSwan will utilize Tassets' proprietary technology, enabling RedSwan to focus on its core competencies of structuring and to create compliant industry-standard for tokenized real estate around the globe," RedSwan writes in a press release. Tassets, on the other hand, "tokenizes real-world assets by enabling simple, ultra-secure, low-cost, and barrier-free transactions."

Tokenization is a method of using digital tools to enable fractional ownership of assets, including CRE, residential real estate, and REITs. In theory, the approach can expand an audience of potential ownership. Increased demand should enable an upward push on prices and valuation. A building owner could spin off part of a property to bring in additional capital while maintaining control. Or the owner or investment group could dispose of the entire property that way.