Nisus Finance Services Co Limited, a leading investment management firm listed on the BSE and known for its focus on urban infrastructure and structured finance, has unveiled a major partnership through its Dubai-based subsidiary. Nisus Finance Investment Consultancy FZCO (NiFCO Dubai) has entered into a Memorandum of Understanding (MoU) with Xchain Technologies FZCO, which operates under the brand name Toyow. This collaboration aims to tokenize real estate funds and assets valued at up to US$500 million, marking a significant advance in the integration of blockchain and Web3 technologies within the real estate sector.
As per the MoU, Nisus Finance intends to conduct a Security Token Offering (STO) of its real estate assets under management using Toyow’s platform, which facilitates tokenized Real World Assets (RWA) across multiple categories. Toyow will be responsible for providing comprehensive technical and operational support for the STO. This includes developing smart contracts, integrating blockchain technology, ensuring regulatory compliance, offering secure custody services, onboarding investors, and carrying out KYC/AML processes.
Aligning with Dubai’s Vision for Digital Asset Innovation
This development aligns with the United Arab Emirates’ broader agenda to promote digital innovation, particularly in the blockchain and tokenization domains. The announcement comes on the heels of a recent initiative by the Dubai Land Department, which partnered with the Virtual Assets Regulatory Authority (VARA), the Central Bank of the UAE, and the Dubai Future Foundation to launch the region’s first tokenized real estate project. Industry forecasts suggest that tokenized real estate transactions in Dubai could reach AED 60 billion by 2033, accounting for nearly 7% of the total market, positioning the Emirate as a global hub for asset tokenization.
The tokenized assets from Nisus will be available on Toyow’s platform for both primary issuance and secondary trading. The platform will also oversee liquidity mechanisms, marketing efforts, investor engagement, and awareness campaigns. Holders of Toyow’s native token, $TTN, will gain investment access to the tokenized real estate fund, expanding investment opportunities for a wider audience.
Creating a Scalable Ecosystem for Web3 Real Estate
As part of the collaboration, Toyow will build an institutional-grade infrastructure that complies with regulatory standards across the UAE, the DIFC, and other international jurisdictions. The platform supports the digitization, fractionalization, and monetization of various high-value assets, not limited to real estate but also including art, precious metals, and alternative investments.
According to Deloitte’s projections, tokenized private real estate funds may grow to US$1 trillion by 2035, achieving a market penetration rate of 8.5%. Meanwhile, tokenized loans and securitizations could reach US$2.39 trillion. Overall, the global value of tokenized real estate may expand to US$4 trillion by 2035 from under US$0.3 trillion in 2024, growing at a compounded annual rate of 27%.
Tokenization is widely seen as a tool to resolve traditional inefficiencies in the real estate market by enabling secure, fractional digital ownership. This structure also enhances liquidity and opens the market to a broader base of retail investors. Furthermore, it provides a unified platform for raising capital across debt, equity, and hybrid instruments.
Expanding Toyow’s Global Tokenisation Pipeline
This partnership with Nisus adds to Toyow’s growing tokenization portfolio, which has now exceeded US$38 billion in asset value across various sectors and regions. Leadership from both firms emphasized that this initiative not only marks a transformative step in their respective growth strategies but also signals a wider industry shift toward blockchain-enabled capital markets.
The collaboration represents a merging of institutional investment expertise with advanced blockchain infrastructure, poised to redefine how capital is mobilized and managed within the real estate sector in the coming years.
