RealTo Group, the pioneering Asset Tokenization as a Service (ATaaS) platform, has changed its name to Tassets and launched its new website, www.tassets.com. Based in Silicon Valley, the company’s name change represents the next phase in its growth as Tassets scales its proprietary technology to tokenize real-world assets by enabling simple, ultra-secure, low-cost and barrier-free transactions.
“Since our founding, Tassets’ mission has been to create Asset Tokenization as a Solution (ATaaS), an entirely new model for capital raising and investing in alternative assets using multi-blockchain, interoperable Web 3.0 technologies, and our name change reflects the sharp focus of our business and the growth of our platform” said Prasanth Kalangi, Tassets’ Founder and CEO. “Tassets stands for tokenization of assets, working across verticals including real estate, and other tangible assets where ATaaS can be deployed to expand access to capital,” added Mr. Kalangi.
Tokenization is growing exponentially in demand, with leading marketplaces and investors moving into the space. With a 50-fold increase predicted between 2022 and 2030, from US$310 billion to US$16.1 trillion, tokenized assets are expected to make up 10% of global GDP by the end of the decade.
“Tassets’s vision is a world where every person regardless of wealth can be an investor,” said Sanjeev Birari, Tasset’s Founder and Chief Business Officer. “Tassets has already established partnerships with leading players in real estate and other sectors of the capital markets and we are seeing significant momentum with our platform,” added Mr. Birari.
Based in Silicon Valley, Tassets develops and deploys a white label, customized and branded asset tokenization solution and platform leveraging blockchain and Web3 technologies. The company has created Asset Tokenization as a Service (ATaaS) to benefit asset owners by opening new digital channels that enable them to raise more capital, from a more diverse spectrum of investors.
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