DeFi activity from institutions would be more “permissioned” as market participants will want to know who they’re dealing with, KPMG’s Kunal Bhasin said.
Institutional investors will buy blockchain-tokenized shares of high-value commercial real estate when more opportunities come, says Kunal Bhasin, a digital asset co-lead at KPMG Canada.
Tokenization could change the owners of big commercial buildings — historically confined to deep-pocketed real estate and pension fund managers, Bhasin told Cointelegraph at the Toronto Collision Conference.
The tech could see institutional investors, like family offices, able to own a slice of Toronto’s major shopping mall, the Eaton Center, and other big buildings.
