PANews, June 5 - According to Cointelegraph, European asset management company APS, with assets under management of 13.7 billion USD, announced the purchase of 3.4 million euros in tokenized bonds linked to two residential properties in Italy (with the Rome Fo.Ro Living and Porta Pamphili projects each accounting for 50%) through the MetaWealth platform. This marks the first time institutional investors have directly purchased tokenized assets available through retail channels, with all transactions settled via blockchain. The CEO of MetaWealth stated that this transaction brings institutional-level trust to the RWA field, and their platform currently covers real estate in four European countries, facilitating over 50 million USD in tokenized transactions.
