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Pickleball

Conceptual illustration of a city skyline connected to a blockchain network, representing real estate tokenization

The First Tokenized Deal on a $2.6 Billion Real Estate Platform Is a Pickleball Court

When people picture "tokenized real estate," they usually imagine a Manhattan office tower or a Dubai skyscraper being sliced into digital shares. The first live example on a real, Nasdaq-listed real estate platform turned out to be something much less glamorous: an indoor pickleball and padel facility in Scottsdale, Arizona. On August 13, 2026, Caliber (Nasdaq: CWD), an alternative asset manager that...