Remember that tokenizing real estate is a security

[Amy Wan]

I was shown a website recently that tokenized real estate; the person showing thought it was amazing that tokens could circumvent securities laws.

This is your friendly reminder that it doesn't matter what form an investment opportunity takes (crowdfunding, tokenization, syndication)--if its an investment opportunity, its a security. Tokenization is nothing more than crowdfunding with a token added to it.

#securities #tokens #tokenization #fractionalization

Warmly, your friendly neighborhood securities attorney :)