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Real Estate Investor Buys Solana NFT Home for $250,000

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With $235,000 worth of single-family homes in McAllen, Texas, real estate tokenization platform Homebase raised $246,800 in about two weeks to tokenize homes on Solana through a smart contract tied to an NFT created for that purpose.
According to Domingo Valadez, the company's CEO, the overall effort took a year and involved regulatory and statutory aspects: filings with the U.S. Securities and Exchange Commission and marketing security tokens to retail and qualified investors. Homebase supports USDC payments, allowing users to purchase tokenized property slices "with a single click," the statement said.

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