Albanian asset management services provider Heritage has announced that it successfully conducted the country’s first-ever real estate blockchain transaction. The company tokenised a EUR 60,000 apartment in the seaside city of Vlora in southwest Albania.
The company now plans to expand its blockchain operations, aiming for a portfolio of projects worth a total of EUR 2 million.
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“Heritage is the first platform in Albania to introduce blockchain technology to the real estate market. Through the tokenisation of these properties, Heritage offers investors the opportunity to purchase fractional shares in the best luxury real estate assets throughout Albania, allowing them to diversify their investment portfolios and gain excellent exposure to this market,” the company said.
