Although tokenized real estate has been in the making for quite some time, it looks like CitaDAO may have figured out how to pull it off, by combining yield farming opportunities with real estate tokens as collateral. CitaDAO intends to create a global portfolio of physical properties that is interoperable within the Ethereum ecosystem.
What’s interesting right now is it’s a case where laws haven’t caught up with the technology. Laws across the [U.S.], and state municipalities, would have to change how deeds get recorded. Right now, you go to the county clerk’s office, you don’t go to the blockchain.