Best tokenised real estate in 2026

Lofty is the largest still-functioning retail tokenised-property platform after RealT's collapse, and the only one here a typical non-accredited reader can actually buy: US and non-US retail, 18+, roughly $50 minimum, no accreditation test. You receive a membership interest in a single-purpose Wyoming LLC owning one specific house, with pro-rata rent paid daily. That openness is the risk, not the feature. The round trip is ~5.5% in exchange fees, no funding-cost schedule was located on Lofty’s public pages, no order-book depth is published for YOUR house, and 809 Kenmore Boulevard in Akron was condemned by the city over broken heating and rodent infestation with litigation naming Lofty — tokenisation does not insulate holders from landlord failure.

Best for: Genuinely open retail access from ~$50, US and non-US

Figure Connect is the only entry here where onchain real-estate finance is a genuine market rather than a pilot: $2.8B of Figure Connect volume in Q2 2026, roughly $1.9B of securitisations priced in 2026 with AAA ratings, settling atomically on Provenance. Two things must be understood before comparing it to the others. It is NOT real-estate equity — buyers acquire HELOC whole loans, a credit claim whose value tracks unpaid principal. And access is institutional only: no retail and no accredited-individual route, which is a total exclusion for readers of this comparison.

Best for: Institutional scale: $2.8B of Figure Connect volume in Q2 2026

Reental is among the larger EU-facing retail platforms — 123 tokenised projects, roughly 43,800 users, monthly distributions in USDT — and what the token conveys is the decisive distinction. Reental’s FAQ says that in each issue it implements a PARTICIPATORY LOAN: the token represents credit rights against the issuing company, so the holder is a creditor of the project company with no direct claim on the building. Terms are set per project: the Valencia 14 memorandum describes 'Indirect economic participation in the project' under a Loan Agreement with a corporate guarantee. There is also no EU prospectus and no evidenced MiCA or CNMV authorisation, so EU retail buyers are outside the protections they may assume apply.

Best for: EU retail access from €100 with monthly distributions

Blocksquare is infrastructure rather than a consumer venue: it licenses tokenisation technology to marketplace operators, so apart from a network-wide 1.5% token fee paid by buyers, what an investor pays on primary offerings, revenue distributions and buybacks is set by the licensee, not by Blocksquare. Its token (BSPT) is neither title nor a fund share — it is a royalty on a property’s net revenues, backed by a corporate resolution that 'creates a financial obligation by the issuer towards any and all holders of a property token'. A notarised charge on the property exists only for some offerings, and Blocksquare’s own 2023 land-registry post places it 'in favor of the lender', not the token holders. Enforcement runs through the issuer, any notarial charge and a marketplace operator you selected: three parties, none a regulated custodian.

Best for: A corporate resolution on IPFS that creates an issuer obligation to all token holders