DAI, one of the most popular stablecoins on Ethereum, is finally breaking into the security token market. FACTOR-805 will be the first real-world asset to be tokenized with dividends paid in both DAI or fiat.
It’s commonly been said that the security token sector will first impact the real estate space. After all, we’ve had security tokens represent real estate assets before. Securitize, for example, has been focused on tokenizing some $1 billion of real estate assets; other companies, like QuantmRE are looking to create their own security tokens tied to fractionalized interest in real estate.