According to Odaily, Malaysian real estate project The Real Lifestyle Company (TRL) is set to launch, aiming to tokenize residential properties valued at $23 million to initiate its real estate lifestyle ecosystem. Investors can purchase fractional shares with a minimum investment of just $50. TRL plans to leverage asset-backed tokens, TRLX, to provide investors with on-demand liquidity services and introduce a global home subscription service. This service will utilize the tokenized properties to meet users' global living needs, addressing real-world issues through real estate tokenization.
TRL's co-founder and CEO, Adrian Gaffor, stated, 'As Malaysia's pioneering real estate RWA platform, TRL is at the forefront of bridging the gap between crypto-native investors and traditional real estate opportunities.' The company completed its first round of angel financing this year, with a valuation of $8.6 million. In the third quarter, TRL will begin its business expansion with eight properties in Dubai, followed by projects in Malaysia and Bali.
