Grant Cardone To Tokenize $5B Of Real Estate, But XRP Is Not On His Partner Shortlist

March 1, 2026 - 14:18

Real estate mogul Grant Cardone has publicly initiated a search for a blockchain partner to tokenize his firm's massive $5 billion portfolio. In a move that has captured the attention of the crypto and investment worlds, Cardone Capital is preparing to digitize real estate assets, allowing for fractional ownership through blockchain technology.

Significantly, Cardone directly named three prominent blockchains as potential partners: Solana, Polygon, and Avalanche. This open call, however, notably excluded the XRP Ledger and its associated token, XRP, from the shortlist of contenders under consideration.

The ambitious plan aims to revolutionize access to commercial real estate investment. By converting physical assets into digital tokens, Cardone Capital intends to lower the traditional barriers to entry, enabling a broader pool of investors to own shares in properties that were previously accessible only to large institutions or ultra-wealthy individuals.

This tokenization initiative represents a major validation of blockchain's utility in traditional finance. The selection of a final blockchain partner will be closely watched, as it could set a significant precedent for how large-scale real estate assets are digitized and traded in the future. The move underscores a growing trend of major financial players seeking to leverage the efficiency and accessibility provided by distributed ledger technology.