Real Estate

Each Tangible Custody-curated and Tangible Custody-managed property sits within a UK Special Purpose Vehicle, (SPV) a legal entity created solely for this purpose. TNFT holders have beneficial ownership to the SPV. All properties are leased and rental yield is paid to the TNFT holder(s) in stablecoins. This means that anyone in the world can become a buy-to-let landlord in just 15 seconds.

Whenever the property TNFT changes hands, the beneficial ownership also changes hands. In the event a TNFT is minted into a second product or asset, then the backing treasury for that asset becomes the beneficial owner until the TNFT is removed.