DealsMay 14, 2026, 08:32 AM
OFA Group Secures $7.5M Tokenization Deal for $500M Real Estate Project
AI Summary
OFA Group announced a Real World Asset Tokenization Service Agreement with Vero 60 LLC and Vero Beach Land Development LLC. The agreement involves OFA providing blockchain-based tokenization technology for a residential real estate development project in Vero Beach, Florida, with a projected stabilized value of approximately $500 million. OFA will receive a platform technology fee of $7.5 million, with the first installment of $3.75 million already received. This deal highlights the continued commercialization of OFA's Hearth RWA tokenization platform.
Key Highlights
- OFA Group entered a Real World Asset Tokenization Service Agreement.
- The agreement is with Vero 60 LLC and Vero Beach Land Development LLC.
- The residential real estate project has a projected value of $500 million.
- OFA will receive a platform technology fee of $7.5 million.
- The first installment of $3.75 million has been received.
- The fee is payable in U.S. dollars, Bitcoin, or USD Coin.
- OFA's role is strictly technology and tokenization infrastructure.