Real Estate crypto token rallies 300% in a week after first property sale

Real Estate crypto token rallies 300% in a week after first property sale
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Real-world assets (RWA) is a strong narrative growing in the cryptocurrency market, following the interest of BlackRock Inc. (NYSE: BLK). In this context, a Real Estate token, UBXS, surged 300% in a week amid allegedly institutional moves.
UBXS is a utility token part of an RWA project specializing in Real Estate, developed by the Web3 company, Bixos. The company aims to connect physical and virtual worlds through blockchain technology.
Interestingly, Real Estate property owners can use Bixos to tokenize their real-world assets, making an exchangeable non-fungible token (NFT). By using the UBXS token, the company promises fee discounts and other benefits to investors.
UBXS price analysis
Michaël van de Poppe, CEO and founder of MN Trading, showed public support for the token in January 2024. Since then, UBXS price has increased by more than 400%, as reported by the investor who awaits a “dip.”

#RWA in Real Estate is one of the segments which I’m personally interested

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