RedSwan Digital has achieved a historic milestone in the real estate industry by completing the first-ever tokenization of a New York City skyline building on Hedera. The Hotel on Rivington now stands as a testament to the growing convergence of traditional real estate and blockchain technology.
History was made in NYC real estate this week.
— Gregg Bell (@GregoryLBell) October 9, 2025
The first building on the iconic New York City skyline has officially been tokenized. A huge moment for Real World Assets, shared during the @RedSwanDigital Summit yesterday, alongside a keynote from @Scaramucci pic.twitter.com/wrw54BV2oS
Transforming Real Estate Investment
RedSwan Digital brings institutional-grade real estate to a broader investor base through innovative tokenization. The platform transforms high-value properties into digital securities, making previously inaccessible investments available to qualified investors. Through this groundbreaking approach, investors can now own fractional shares of premium Manhattan real estate with lower capital requirements.
The Hotel on Rivington Revolution
Located in Manhattan’s vibrant Lower East Side, the Hotel on Rivington represents more than just a luxury hospitality venue. The property targets a 7% cash-on-cash yield, offering investors exposure to both New York’s thriving hotel sector and the emerging digital securities market. This tokenization opens new possibilities for portfolio diversification and investment liquidity in the commercial real estate sector.
Built on Hedera: Advancing Blockchain Innovation in Real Estate
RedSwan’s tokenization platform is built on the Hedera Hashgraph network, leveraging its enterprise-grade security, low fees, and high throughput to deliver transparency and efficiency in real estate transactions. This strategic choice underscores RedSwan’s commitment to regulatory compliance and performance at scale—two non-negotiables in real estate finance.
To date, RedSwan has tokenized over $100 million in real estate assets, with the Hotel on Rivington joining a growing portfolio of digitized properties. By fusing institutional trust with the power of Hedera’s distributed ledger technology, RedSwan is reshaping how investors access and engage with real estate opportunities.
The choice of @hedera as the L1 was strategic.
— Gregg Bell (@GregoryLBell) October 9, 2025
It's a network specifically designed for the high bar of regulated financial markets, where enterprise-grade security and performance are absolute requirements. The trust layer for the future of finance.
The Future of Digital Real Estate
This milestone tokenization signals a transformative shift in how investors can access prime real estate opportunities. RedSwan continues to expand its digital real estate marketplace, offering global investors 24/7 access to premium properties. The successful tokenization of the Hotel on Rivington demonstrates the growing acceptance of digital securities in mainstream real estate investment.
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[…] “On ivy the very first property on the Manhattan skyline — the Rivington Hotel — was tokenized just two months ago,” he […]
[…] “On Hedera, the very first property in the Manhattan skyline — the Rivington Hotel — was tokenized just two months ago,” he […]
[…] “On Hedera, the very first property in the Manhattan skyline — the Rivington Hotel — was tokenized just two months ago,” he […]
[…] “On Hedera, the very first property in the Manhattan skyline — the Rivington Hotel — was tokenized just two months ago,” he […]
[…] “On Hedera, the very first property in the Manhattan skyline — the Rivington Hotel — was tokenized just two months ago,” he […]