Telos will tokenize $35 million of Croatian seafront real estate

Cointelegraph

Published Aug 27, 2020 08:01PM ET

Updated Aug 27, 2020 09:40PM ET

Telos has announced that it would be working with Dapp development platform Katalyo to tokenize $35M worth of Croatian properties.

Telos — one of the most active blockchains in the world in terms of transactions — said Katalyo would be issuing two tokens for each participating seaside property. One token would represent ownership of the real estate, and the second would be a fiat-based stablecoin generated from rental revenue.

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