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RedSwan CRE, a Houston-headquartered blockchain-based commercial real estate marketplace, has signed a strategic partnership with Tassets, an Asset Tokenization as a Service (ATaaS) platform, through which Tassets will be the technology engine that powers and maintains RedSwan’s marketplace.

According to the companies, RedSwan will utilize Tassets’ proprietary technology, thus enabling it to focus on structuring and creating compliant industry-standard for tokenized real estate around the globe. Tassets (previously known as RealTo Group), a Silicon Valley-based Web 3.0 company, tokenizes real-world assets by enabling simple, ultra-secure, low-cost, and barrier-free transactions.

“RedSwan’s collaboration with Tassets will be a force multiplier for our clients, creating a best-in-class global platform for commercial real estate tokenization,” said Ed Nwokedi, RedSwan’s founder and CEO. “We believe RedSwan CRE and Tassets will set the standard of excellence for our industry, enabling investors to access the most efficient and secure process for purchasing and trading digital real estate securities,” added Mr. Nwokedi.

“Our new partnership with RedSwan is an important milestone and validation of our platform,” said Prasanth Kalangi, Tassets’ Founder and CEO. “As the leading tokenization marketplace, RedSwan is rapidly demonstrating the efficacy of digital tokenization and creating new pathways for investing in commercial real estate, and we are proud to become their exclusive technology partner.”