Tokinvest tokenizes UK property through product offering in UAE

Tokinvest, the Dubai-based real-world asset platform regulated by the Dubai Virtual Assets Regulatory Authority (VARA), launched a tokenized product in Dubai that references a global real estate asset.

The Tokinvest product references a multi-tenant UK build to rent property asset with an aggregate value of approximately $10.8 million. The transaction represents an important step in bringing institutional-grade international real estate on-chain through a regulated framework built in Dubai.

Scott Thiel, CEO & Co-Founder of Tokinvest, noted, “Dubai has created the regulatory foundations for a new era of capital formation. What VARA and the UAE have built is not just a framework for digital assets, but the beginnings of a global hub for on-chain finance backed by real-world assets.”

He adds that he believes the future of capital formation would be built in a jurisdiction willing to combine ambition, regulatory credibility and global relevance.

As a regulated VASP, Tokinvest’s first product which references offshore real estate reflects the growing role of Dubai as a launchpad for international asset origination, structuring and distribution.

John Heath, Director, Great Hampton Street Button Works, said, “This project brings together the enduring value of a historic UK property asset with the forward-looking financial infrastructure now emerging from Dubai. It is a powerful example of how real estate can be made more globally accessible through tokenisation, while still being anchored in a credible, regulated environment.”

“For us, this is not only about one property. It is about participating in a new model for how quality real estate assets can connect with international pools of capital.”

The Great Hampton Street Button Works was originally constructed in 1872 as a button factory and has since been restored and converted into 29 residential apartments, preserving its Grade II listed heritage while creating a high-quality residential asset in one of Birmingham’s best-known districts. The transaction brings a heritage-rich UK property into a modern, regulated on-chain issuance framework from Dubai.

Earlier this year, UAE DMCC, the international business district that drives the flow of global trade through Dubai, has unveiled the world’s largest silver bar, 1,971kg asset officially recognized by Guinness World Records was tokenized through DMCC’s Tradeflow platform using TokinVest.