- Thailand removes restrictions on retail access to property-backed tokens
- Should you buy Everlodge? A project aiming to revitalize holiday accommodation
- Pre-sale of $EGLD continues to attract trader interest
In recent crypto news, Thailand’s Securities and Exchange Commission (SEC) has updated regulatory limits on retail participation in tokens backed by real estate. This change could enable more local retail investors to take part in real estate investment trusts (REITs) and property projects tokenized on the blockchain.
As this regulatory shift creates new opportunities, several projects focused on democratizing property investment are preparing to launch once their pre-sales close.
Below is an overview of what Thailand’s regulatory update means and how Everlodge ($EGLD) positions itself to influence the real estate industry through tokenization.
Retail investors can now join property-backed ICOs
An update from the Thai SEC on January 18, 2024, clarified the regulator’s revised rules for retail investment in digital tokens that reference real estate or infrastructure as underlying assets or revenue sources.
The regulator removed a previous cap that limited retail investment in property- or infrastructure-backed tokens to just 300,000 baht (about $8,500). With the new guidance effective January 16, retail investors have greater opportunity to participate in the property token market, the SEC noted.
Everlodge ($EGLD) brings fractional real estate ownership to retail investors
If you’ve wanted exposure to villas, hotels, or luxury holiday homes but couldn’t afford a full purchase, fractional ownership is now an option. Everlodge ($EGLD) is a crypto startup aiming to move real estate markets onto the blockchain.
Market research firms estimate the global real estate investment sector will continue growing steadily. As tokenization draws more interest by bringing real-world assets on-chain, fractional models allow retail investors to diversify into property markets that were previously out of reach.
Through Everlodge, individual investors can acquire fractional shares of high-end properties—sometimes starting with amounts as low as $100. These fractional shares can appreciate, enabling retail buyers to participate in the upside of premium real estate while spreading risk across multiple assets.
Everlodge plans to accelerate this model with a fractional trading marketplace powered by its native token, $EGLD. The token will serve as the ecosystem’s primary currency and is expected to offer staking opportunities and marketplace purchase discounts.
Property ownership records and titles will be stored as NFTs, adding an additional layer of provenance and tradability for participants in the community.
Currently, $EGLD is available only through the project’s pre-sale.