European Fund APS Invests in Tokenized Real Estate via MetaWealth

A prominent European fund company, APS, which manages a substantial portfolio of $13.7 billion in assets, has made its foray into the world of tokenized real estate. Through the MetaWealth platform, APS has acquired $3.4 million worth of tokenized residential properties in Italy, marking the first instance of an institutional investor purchasing directly from the platform for retail customers. MetaWealth boasts a proven track record of tokenizing over $50 million in European real estate and currently serves users across 23 countries.