SEC tokenized securities

How RWA Tokenization and Smart Contracts Accelerate Real Estate Liquidity

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Entry #178: A token is not a title. My 2026 institutional guide to how RWA tokenization and smart contracts can accelerate real estate liquidity when code is mapped to law, capital to title and identity to authority, drawing on Propy and CNBC, plus Deloitte, McKinsey, BCG, Goldman Sachs and BNY.

THE LEGAL CONTROL LAYER™ — When the Token Is Not the Title: How Property Law Determines Who Actually Owns Tokenized Real Estate

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Code can move a token. Only law can move title. A dated, sourced remaster of my October 2024 article — rebuilt around the seven layers of legal control that decide who actually owns tokenized real estate: title, contract, control, securities, money, identity and jurisdiction.