United Kingdom–based Knight Dragon Investments, via its subsidiary KD Tokens, has announced Central London’s first property tokenization project with an anticipated market valuation of £140 million (€163 million/$172 million).
Greenwich Peninsula is fast becoming London’s most boldly modern landscape, with 17,000 new homes, 13,000 new jobs and 48 acres of open public space emerging over the coming years. Knight Dragon has tokenized the economic interests in the 191-unit Building 4, Upper Riverside Development, which is at the heart of the corporation’s 10-million-square-foot iconic Greenwich Peninsula development.
KD Tokens has minted the tokens (KDB4 Tokens), and holders of KDB4 Tokens will share 80 percent of the gross profit generated from this prime Central London real estate development. A portion of the profit generated from Greenwich Peninsula Building 4 will be distributed to each holder of KDB4 Tokens.
“At a corporate level, Knight Dragon h