The Malaysian real estate RWA project, The Real Lifestyle Company (TRL), is about to launch. The project will tokenize residential properties worth $23 million to launch its real estate lifestyle ecosystem. The minimum cost for investors to purchase related fragmented shares is only $50. TRL will subsequently provide investors with asset "on-demand liquidity" services with the help of asset-backed tokens TRLX, and launch global house subscription services, using its tokenized attributes to meet users' global living needs and solve real-world problems through real estate tokenization.
TRL co-founder and CEO Adrian Gaffor said: "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."
It is understood that TRL completed its first round of angel round financing this year, with a valuation of $8.6 million. In the third quarter, it will start business expansion from 8 properties in Dubai, and will focus on other real estate projects in Malaysia and Bali in the future.