APS, a Pan-European fund manager, recently made history by becoming the first institutional investor to directly purchase tokenized real estate assets through MetaWealth's blockchain-based platform. With over 12 billion euros in assets under management, APS acquired 3 million euros in tokenized bonds tied to two Italian residential properties. These assets, available to both retail and institutional investors, were transacted and recorded on the blockchain for transparency and efficiency. MetaWealth, founded in 2023, has tokenized properties across Europe, enabling fractional ownership and quick transfers of real estate tokens. The platform has facilitated over $50 million in tokenized transactions, positioning itself as one of the top 10 global real-world asset tokenization platforms. This move reflects a growing trend in the industry, with major players like BlackRock and MultiBank Group also exploring blockchain-based solutions for asset tokenization. Read more AI-generated news on: https://app.chaingpt.org/news