AndX Global Launches $100M Tokenized Land Project in Manila
AndX Global's Manila One opens a $100M Philippine land development to global investors via tokenization, marking a first for development-stage real estate.
AndX Global on Wednesday announced Manila One, a $100 million initiative that tokenizes a large-scale, development-stage land project in the Philippines and makes it accessible to investors worldwide from the outset, the company said in a statement.
The New York-based firm described the project as the first of its kind — combining an origination structure rooted in the Philippines with a tokenization framework designed to attract capital across borders. By converting ownership stakes into digital tokens, the initiative aims to lower traditional barriers that have historically limited participation in large real estate development deals to institutional or locally situated investors.
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Tokenized real estate has gained traction as blockchain infrastructure matures, allowing fractional ownership of physical assets to be recorded and transferred on digital ledgers. Manila One represents an attempt to apply that model not to a completed or income-generating property, but to a project still in its development phase — a distinction the company highlighted as novel in the sector.
The $100 million target places Manila One among the larger tokenized real-asset offerings announced to date. Details on the underlying land parcel, projected development timeline, and token issuance mechanics were outlined by the company at launch, with the structure described as enabling day-one global access for qualified participants.
Analysts watching the tokenized real estate space have noted that development-stage projects carry distinct risk profiles compared with stabilized assets, given construction, permitting, and market-absorption uncertainties. Continue reading at All Financial Services & Investing.
