房地產令牌化 - 一旦利基實驗 - 可能很快成為財產融資方式的核心支柱

到2035年，令牌房地產的市場可能達到4萬億美元，比目前的3000億美元的年齡增長了27％

Real estate tokenization—still a niche experiment—may soon become a core pillar of how property is financed, owned and traded, according to a Thursday report by Deloitte Center for Financial Services.

根據德勤金融服務中心（Deloitte Center for Financial Services）的一份報告，房地產令牌化（還有一個利基實驗）可能很快成為財產如何融資，擁有和交易的核心支柱。

The market of tokenized real estate could reach $4 trillion by 2035, growing at a stunning compound annual rate of 27% from the current size of under $300 billion, the firm forecasted.

該公司預測，該公司的面積可能達到4萬億美元，到2035年，該公司預測，該公司的規模比目前的3000億美元低於3000億美元的驚人復合率增長。

Tokenization of real-world assets (RWA) is a fast-growing sector at the intersection of crypto technology and traditional finance. It consists of creating digital versions of assets like bonds, funds and real estate, that are owned and transferrable on a tokenized ledger, or in simpler terms, in a computerized register. The process offers several advantages, such as operational efficiencies, cheaper and faster settlements and broader investor access.

在加密技術和傳統金融的交匯處，現實世界中的標記化是一個快速增長的領域。它包括創建債券，資金和房地產等資產的數字版本，這些版本是在令牌化的分類帳中擁有和轉讓的，或在計算機化的寄存器中更簡單。該過程提供了幾個優勢，例如運營效率，更便宜，更快的定居點以及更廣泛的投資者訪問權限。

For the real estate sector specifically, tokenization's appeal lies in its ability to automate and simplify the complex financial agreements, the report explained. It allows for launching a real estate fund on-chain with pre-coded rules to manage ownership transfers, capital flows and other administrative tasks.

報告解釋說，對於房地產部門而言，代幣化的上訴在於其自動化和簡化複雜財務協議的能力。它允許建立一個具有預編碼規則的鍊子上的房地產基金，以管理所有權轉移，資本流量和其他行政任務。

As an example of an early-stage initiative in this space, Deloitte highlighted Kin Capital's $100 million real estate debt fund tokenization platform Chintai with trust-deed-based lending.

作為該領域的早期倡議的一個例子，德勤強調了金Capital的1億美元的房地產債務基金Tokenization平台Chintai具有基於信任的貸款。

The report further breaks down the anticipated evolution of tokenized property into three distinct categories: private real estate funds, securitized loan ownership, and under-construction or undeveloped land projects. Of these, tokenized debt securities are poised to take the lead, reaching an estimated value of $2.39 trillion by 2035, according to the report's projections.

該報告進一步分解了標記財產的預期演變分為三個不同的類別：私人房地產資金，證券化的貸款所有權以及未開發的土地項目。根據該報告的預測，這些預測在其中預測中，其中，令牌化債務證券有望領先，到2035年的估計價值為2.39萬億美元。

Private funds are expected to contribute a significant portion with an estimated $1 trillion, while land development assets are anticipated to contribute around $500 billion to the total market size.

預計私人資金將以估計1萬億美元的價格貢獻很大一部分，而土地開發資產預計將對總市場規模貢獻約5000億美元。

Despite the promising advantages, the report also notes several challenges that need to be addressed for the large-scale adoption of real estate tokenization. Among the key challenges highlighted are regulation, asset custody, cybersecurity and default scenarios.

儘管有很有希望的優勢，但該報告還指出，對於大規模採用房地產令牌化，需要解決一些挑戰。突出的關鍵挑戰之一是法規，資產監護權，網絡安全和默認情況。