Grant Cardone, a prominent real estate investor, announced plans to tokenize his firm's $5 billion real estate portfolio. Cardone Capital aims to leverage blockchain technology to provide investors with collateral and liquidity in secondary markets. This move positions the firm as a leader in large-scale asset tokenization. Cardone Capital, which manages multi-family and commercial properties across the U.S., is part of a growing trend among asset managers to tokenize traditional assets like real estate. Despite regulatory challenges and limited secondary market liquidity, the tokenized real estate market is expected to expand significantly, with forecasts suggesting $4 trillion could be tokenized by 2035.