Propy and Parcl Partner to Revolutionize Onchain Housing Markets with $10 Billion Tokenized

Jul 23, 2024, 09:47 AM

Propy and Parcl have announced a strategic partnership aimed at revolutionizing the onchain housing markets. The collaboration has already resulted in the tokenization of $10 billion worth of U.S. homes on the Propy dApp, with projections estimating the value to exceed $50 billion by the end of the year. In just three months, Propy has successfully on-chained over 200,000 addresses, including 80,000 U.S. homes, many of which are currently for sale. This partnership is expected to significantly impact the real estate tokenization sector through the PropyKeys platform.