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CMA admits Alphabloq to test its real estate platform

Capital Markets Authority (CMA) Chief Executive Officer Wycliffe Shamiah.

Photo credit: File | Nation Media Group

By  Kabui Mwangi

Correspondent

Nation Media Group

The Capital Markets Authority (CMA) has admitted real estate tokenisation platform Alphabloq Technologies Limited to its sandbox programme to test its model.

Real estate tokenisation refers to the automation of dividing property ownership using smart contracts. Investors can buy or sell part of the asset by trading the tokens.

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