Press Release-Nisus Finance Investment Consultancy FZCO (NiFCO Dubai) signed a Memorandum of Understanding (MoU) with Xchain Technologies FZCO(Toyow)
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Nisus Finance's Dubai arm (NiFCO Dubai) has signed a Memorandum of Understanding with blockchain firm Xchain Technologies FZCO (Toyow) to tokenise real estate assets worth up to US$500 million (around Dh1.83 billion). Under the deal, Nisus will issue a Security Token Offering (STO) of its real estate assets under management on Toyow's marketplace, which will provide technology, compliance, custody, and trading support. The move aligns with Dubai Land Department's push to position Dubai as a hub for tokenised real estate, with industry projections estimating US$4 trillion of real estate could be tokenised globally by 2035. The partnership will also let investors participate using Toyow's own $TTN token. Note that this is only an MoU and not a definitive binding agreement.
A strategic, forward-looking move into Web3 and tokenised real estate that could open new funding and investor channels for Nisus, though execution risks remain as the deal is at MoU stage and subject to regulatory approvals. Short-term stock impact is likely limited; long-term upside depends on successful STO execution.