THE BASICS

What is real estate tokenization?

What is real estate tokenization?

Real estate tokenization is the issuance of digital securities that represent rights to a property or its cash flows, recorded on a blockchain. Under EU law, a tokenized security is a financial instrument like any other: MiFID II investor protection and prospectus rules apply in full, while national electronic securities laws such as Germany's eWpG govern the digital form, with the same investor rights and supervision but no paper certificates and no central securities depository. For issuers, that means faster issuance, lower costs and a fully digital distribution process.

Real estate tokenization is the issuance of digital securities that represent rights to a property or its cash flows, recorded on a blockchain. Under EU law, a tokenized security is a financial instrument like any other: MiFID II investor protection and prospectus rules apply in full, while national electronic securities laws such as Germany's eWpG govern the digital form, with the same investor rights and supervision but no paper certificates and no central securities depository. For issuers, that means faster issuance, lower costs and a fully digital distribution process.

Wider Investor Base

Fractional ownership lowers minimum tickets, opening your project to far more investors.

Liquidity and Secondary Market

Tokenized securities are transferable and secondary-market ready from day one.

Lower Issuance Costs

No paper certificates, no central securities depository: KYC, payouts and reporting run automated.

HOW IT WORKS

How to tokenize real estate, step by step

01

Structure your tokenized Asset

Choose the right instrument with our experts, a tokenized real estate bond under MiFID II, a subordinated loan or a participation right.

01

Structure your tokenized Asset

Choose the right instrument with our experts, a tokenized real estate bond under MiFID II, a subordinated loan or a participation right.

02

On-Chain Registry

The security is created digitally in a licensed crypto securities register, no bank and no central securities depository involved. If it is a security token, this can run without a registry.

02

On-Chain Registry

The security is created digitally in a licensed crypto securities register, no bank and no central securities depository involved. If it is a security token, this can run without a registry.

03

Investor onboarding

Tokenization does not change the rules. KYC/AML, subscription and payment run digitally on your branded platform provided by ONINO.

03

Investor onboarding

Tokenization does not change the rules. KYC/AML, subscription and payment run digitally on your branded platform provided by ONINO.

04

Issuance and lifecycle

Manage distribution, interest payouts and reporting. These steps are automated for the lifetime of the asset.

04

Issuance and lifecycle

Manage distribution, interest payouts and reporting. These steps are automated for the lifetime of the asset.

USE CASES

Real estate tokenization use cases

Development project financing, portfolio and asset refinancing, rental income participations, and white label real estate tokenization platforms for operators: the same regulated infrastructure adapts to your model.

Residential and Commercial Real Estate

Implement the future of finance today. Effortlessly tokenize, manage and distribute assets through our platform.

Existing properties & portfolios
Mezzanine Financing
Club deals & structured investments
Residential and Commercial Real Estate

Implement the future of finance today. Effortlessly tokenize, manage and distribute assets through our platform.

Existing properties & portfolios
Mezzanine Financing
Club deals & structured investments

FOR ISSUERS WHO TOKENIZE REPEATEDLY

One platform, every project

How to tokenize real estate repeatedly across projects Developers and asset managers don't tokenize once, they raise per project. With ONINO you onboard investors once, then issue each new tokenized offering to a base that already knows you, on the same compliant rails. No re-listing, no marketplace fees, no rebuilding the investor list.

Deal cards for real estate and solar financing vehicles with branded investor portals
Deal cards for real estate and solar financing vehicles with branded investor portals

WHY ONINO

Why ONINO vs. other real estate tokenization platforms

  • Regulated, not offshore: ONINO can help you issue european electronic securities under the MiFID II, not offshore token wrappers.

  • End to end: full issuance, compliance and investor management on your own brand, not just a token like pure tokenization tools.

  • Licensed Electronic Securities Act register integrated: issue digital securities without holding a German Banking Act license.

  • Proven: €50M+ financed, €750M+ in pipeline, issuers in 24+ countries.

FOR WHO

For developers, asset managers and platform operators

Built for real estate developers financing projects, asset managers tokenizing portfolios and funds, and operators launching their own white label real estate tokenization platform. Your investors get digital access, small minimums and transferable securities; you keep the relationship and the economics.

Analytics chart showing platform performance
eWpG setup card for configuring compliant investor onboarding under the German Electronic Securities Act

COMPLIANCE

Is real estate tokenization legal in the EU?

Tokenizing real estate is legal across the EU: tokenization changes the form of the instrument, not the legal regime.

  • Financial instrument under MiFID II: a tokenized real estate bond is a transferable security. The full EU investor protection framework applies, exactly as for any traditional bond, and regulated distribution runs through licensed firms.

  • Public offers under the EU Prospectus Regulation: since the EU Listing Act, member states allow prospectus-free offers with a short national disclosure document up to €12M per issuer and 12 months. Germany applies the full €12M with a BaFin-approved securities information sheet, and since 2026 issuers may self-place with no per-investor caps. Above €12M or for cross-border retail offers: an approved EU prospectus, passportable to every member state.

  • National instruments: subordinated loans and participation rights remain available under national capital-investment regimes, in Germany prospectus-free up to €6M per 12 months when distributed via a licensed platform that checks per-investor limits, with an information sheet still required.

  • ECSPR crowdfunding: offers up to €5M per project owner and 12 months run EU-wide through licensed crowdfunding service providers, one regime for all member states. MiCA does not apply: MiCA expressly excludes crypto-assets that qualify as financial instruments under MiFID II.

  • Tokenized securities stay under EU securities law; in Germany they are issued as crypto securities under the eWpG.

FAQ

Real estate tokenization FAQ

Costs, timelines and legal setup: the answers issuers ask us most.