There's something different brewing in the real estate tokenization space. A new Layer 1 isn't trying to be everything for everyone—it's laser-focused on one thing: property.

What makes this approach interesting? The team behind it isn't a group of developers experimenting with theory. They're operators with over $12 billion in real estate under management. That's not pocket change.

They've built the entire stack from scratch. Native support for fractional ownership? Check. SPV structures baked into the protocol? Done. No Frankenstein solutions cobbling together existing chains.

This vertical approach challenges the "one chain for all use cases" narrative. When you design infrastructure specifically for property flows—rent distributions, ownership transfers, compliance layers—you can optimize in ways generic platforms can't.

RWA narratives keep circulating, but execution matters more than promises. Purpose-built infrastructure might be what separates signal from noise.