World Liberty Financial is leveraging real-world asset specialist firm Securitization to assist in the tokenization of loan interests related to Trump International Hotels and Resorts in the Maldives.
Investors will be able to buy tokens tied to loan income rather than direct real estate shares, according to an announcement Wednesday coinciding with the private company’s Mar-a-Lago crypto conference.
World Liberty Financial has its sights set on one of the biggest players in digital securities. Securitize has worked with leading asset managers such as BlackRock, Hamilton Lane, and Apollo Global Markets to issue tokenized funds and private credits on public blockchains. BlackRock and Cathie Wood’s Ark Invest are also investors in the company, which plans to go public through a merger with a special acquisition purpose vehicle (CEPT) backed by Cantor Fitzgerald.
“We founded World Liberty Financial to open up decentralized finance to the world,” said company co-founder Eric Trump. “With today’s announcement, we expand access to tokenized real estate.”
Eligible accredited investors receive a fixed rate of return and payments tied to loan performance. The sale will be conducted under U.S. private placement rules, and there will be restrictions on resale.
Plans to tokenize Maldivian resorts were announced in November. The resort, developed by DarGlobal in collaboration with the Trump Organization, will include approximately 100 beach and overwater villas and is expected to be completed in 2030. In October, Eric Trump told CoinDesk TV: $WLFI Planning to tokenize new real estate projects.
The latest announcement focuses on who will be in charge of the mechanics. Securitize will oversee the issuance and compliance of tokens representing development financing interests associated with the project.
While the tokenization of traditional assets such as stocks and funds has attracted the attention of Wall Street firms, real estate is only a small part of the $25 billion tokenized asset market. Proponents argue that blockchain rails can streamline the recording and settlement of real estate titles, but that uneven regulation and thin distribution transactions pose risks, an EY report from last year said.
of the company $WLFI The token has fallen 6.6% in the past 24 hours to 11.63 cents.
