The AARGOS Global Real Estate Fund has been approved as an alternative investment fund (AIF) by the Liechtenstein financial market authority (FMA); it is the first tokenized real estate fund that operates in a completely regulated and approved by the country's authorities.
Each of the tokens, developed on the ethereum platform, represents a stake in the fund; the project, created by Ahead Wealth Solutions (financial services provider based in Vaduz) in collaboration with Bank Frick and the blockchain technology provider Token Factory, is fully compliant with current regulations and only users who have complied with anti-money laundering legislation will be able to access this form of investment.
Bastiaan Don, Token Factory CEO, interviewed by CoinDesk, said that the possibility of working on a public blockchain is opening up new opportunities for the financial sector; by combining the ability to centrally control funds, so as to protect investors from market manipulation, together with the possibility of developing tokens on the ethereum blockchain, financial companies can seek easier and more immediate integration into a system that is rapidly evolving towards the so-called decentralized finance (or DeFi, if you like).
Bastiaan Don also entered into the merit of the contrast between public and private blockchains, noting how, at least at an early stage, centralized projects offer some advantages in the short term but reaffirming that, in a sufficiently long period of time, people will easily make themselves account of how many opportunities are lost through the use of centralized platforms; public blockchains, in other words, even if they are currently competing with private ones, over time they can only establish themselves on the market, radically changing the financial ecosystem as we know it today.
In any case, one of the main applications of decentralized finance is precisely real estate now appears indisputable, it remains to be seen whether the proliferation of projects of this type, which we have been seeing for some months, actually marks the beginning of the transition towards a new model economic-financial or if, instead, it is simply attributable to a matter of hype.
While, to conclude, until a few years ago altcoins proliferated and, subsequently, it was the turn of the ICOs, the doubt that at this point arises, in an absolutely legitimate way, is that this new trend is nothing more than the result of an interest that, recently, has skyrocketed but that in the long run could end up deflating.
Useful links: 1000 USDT per person for the first 500