Every movement has its architects, and tokenized real estate is no exception.
Behind the rapid rise of real estate tokenization stand a handful of figures whose decisions shape billions in investment, regulation, and technology. They’re not just executives or founders; they’re the ones pushing tokenized property from a fringe experiment to a mainstream investment channel. Their platforms decide liquidity, their strategies influence compliance, and their deals prove what’s possible. Without them, the movement wouldn’t have traction.
So who are these big players—the people defining how tokenized real estate will look in 2025 and beyond?
Before we dive in, I want to ask you something important…
Would you like to see important personalities in real estate tokenization featured in podcast-style interviews?
Quick Note Before We Dive In
It would be disingenuous not to mention Kevin Beutler here. As co-author and owner of this newsletter and founder of Bali Invest, Kevin has already tokenized millions in Indonesian property, from landmark projects in Bali to new developments like Segara and Lovina now in the making. These projects positioned Indonesia early in the tokenization race.
That said, we don’t want this piece to read like self-promotion. Instead, today’s focus is on five other personalities who are shaping the global trajectory of real estate tokenization in 2025.
Edward Nwokedi—RedSwan Digital Real Estate
Few names have done more to push tokenized commercial real estate into the spotlight than Edward Nwokedi.
Edward is the founder and CEO of RedSwan CRE (now RedSwan Digital Real Estate). Since 2018, he has pioneered the tokenization of institutional-grade properties, opening access to investors who could never touch these assets before. By 2025, RedSwan had crossed the $100M mark in tokenized assets, with partnerships ranging from U.S. developers to blockchain networks like Stellar. His vision is clear: democratize ownership of commercial real estate and drive liquidity into one of the most illiquid markets on earth.
$100M+ in commercial real estate tokenized
Partnerships with Stellar and other blockchain networks
The company was featured in Forbes and at top tokenization conferences.
💡Relevant & Remarkable Facts
(Did you know…?)
Although billions have been invested in tokenizing real-world assets (RWAs), most real estate tokens still see very low trading volumes and limited secondary market activity, meaning ownership is digitized but participation remains minimal (learn more.)
The tokenized ownership of undeveloped land and under-construction projects is forecast to remain very small—around 0.80% market penetration by 2035 — despite big projections for the overall tokenization of the real estate sector. (learn more)
In surveys, 80% of high-net-worth individuals and 67% of institutional investors are either already investing or plan to invest in tokenized assets—showing demand way ahead of infrastructure and regulation in many markets. (learn more)
Denis Petrovcic—Blocksquare
Denis Petrovcic has built the rails for tokenization infrastructure across the globe.
As founder and CEO of Blocksquare, Denis has created one of the most widely used Web3 infrastructure platforms for real estate.
His approach is straightforward but powerful: fractionalize high-value properties into $1 shares that can be traded and accessed globally. By 2025, Blocksquare has enabled $200M+ in tokenized assets and is pushing hard on DeFi integrations that connect tokenized property to broader crypto liquidity.
Denis is also a prominent voice on the European conference circuit, shaping how policymakers and startups think about real estate tokenization.
$200M+ in real estate assets tokenized
Finalist at European Startup Awards
Keynote speaker at Next Block Expo
🏙️ Stay on top of the future of investments
(Real Estate Tokenization News, 22nd of September 2025)
Mavryk Network secured a $10 million investment from MultiBank Group to fuel large-scale real estate tokenization in the UAE. The project aims to tokenize up to $10 billion worth of properties, with Fireblocks providing custody infrastructure to attract institutional players. Source
RedSwan has launched $100 million worth of tokenized commercial real estate on the Stellar blockchain. The portfolio includes multifamily and hospitality properties, opening fractionalized access to investors worldwide through a trusted network. Source
Dubai’s fractional property tokenization market is booming, attracting younger investors with entry tickets as low as AED 2,000 (about $545). Experts forecast the market could reach AED 60 billion ($16B) by 2033, making it one of the fastest-growing hubs for digital real estate. Source
The UAE is positioning itself as a global hub for tokenized real estate, with institutions backing initiatives to unlock trillions in cross-border liquidity. These efforts, anchored by strong regulation in Dubai and Abu Dhabi, show how tokenization is moving from pilot projects to national strategy. Source
Analysts highlight that RedSwan’s Stellar deal is only a glimpse of a much bigger play, with estimates suggesting $75 trillion in North American real estate could be tokenized in the coming years. By making once-illiquid property tradable, tokenization promises to unlock institutional liquidity at an unprecedented scale. Source
Michael Flight—Blockchain Real Estate Summit
If tokenized property has a “godfather,” many point to Michael Flight.
Michael founded the Blockchain Real Estate Summit and co-CEO of Sense4FIT.
He has spent the better part of a decade educating investors, entrepreneurs, and policymakers about how blockchain transforms property markets. Dubbed the “Godfather of Blockchain Real Estate” by Forbes Crypto, Michael has created platforms for thought leadership and networking that go far beyond any single deal.
His summits now attract 30+ global speakers each year, blending tokenization with AI, NFTs, and liquidity solutions.
Organizer of Blockchain Real Estate Summit
Featured in Forbes Crypto
Advisor to blockchain and AI startups
Brandon Stephenson—E-Estate
A new generation of disruptors is also making its mark, and Brandon Stephenson is one of them.
Brandon is the co-founder and CEO of E-Estate, a platform bringing passive income models and tokenized property to a global audience.
With a background in real estate sales at RE/MAX and an MBA from London Business School, he bridges traditional real estate with cutting-edge digital ownership. E-Estate emphasizes accessibility, enabling low-entry investments while creating opportunities for real estate agents to pivot into the digital economy.
Through webinars and global education campaigns, Brandon is shaping how the next wave of investors approaches tokenized property.
CEO & Co-founder of E-Estate
Hosts webinars on global tokenization trends
Focus on passive income and agent empowerment
Edwin Mata—Brickken
While others focus on deals, Edwin Mata is building the compliance backbone for tokenization.
As CEO of Brickken, Edwin has positioned his company as a global infrastructure provider for regulated tokenization.
He is a strong advocate of aligning with institutional standards, emphasizing SEC-compliant models and Ethereum standards such as EIP-7943. His platform supports scalable on-chain asset management for funds, real estate, and beyond. Edwin’s thought leadership—from op-eds in Crypto News to panels on institutional adoption—makes him a central figure in bridging the gap between crypto-native innovation and traditional finance.
CEO of Brickken, tokenization infrastructure provider
Advocates for compliance-first tokenization standards
Published thought leader on RWA adoption
That’s a wrap!
Talk soon.
Roman
Do you have any questions about real estate tokenization?
We’ve helped global investors navigate the emerging world of tokenized real estate with projects like Segara Seaside and Lovina Retreat & Wellness Center. But before diving into details, we first make sure it’s the right fit for you.
That’s why we invite you to schedule a 15-minute Qualification & Insights Call with our team.
On this call, we’ll:
Review your current setup and investment goals
Assess if Bali real estate and tokenization align with your needs
Share actionable insights you can use immediately
👉 If it’s a fit, we’ll schedule a full business consultation with our sales team to map out your investment journey.
👉 If not, you’ll still walk away with clarity and insights—no strings attached