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EstateX appoints Steve Craggs as Web2 CEO after landmark $600m tokenisation success
EstateX appoints Steve Craggs as Web2 CEO after landmark $600m tokenisation success

Khaleej Times

time10-07-2025

  • Business
  • Khaleej Times

EstateX appoints Steve Craggs as Web2 CEO after landmark $600m tokenisation success

In the wake of one of the most successful token launches of the year, EstateX has announced the appointment of Steve Craggs as its new chief executive officer of Web2. Formerly the CEO of RE/MAX England & Wales, Craggs brings decades of leadership in real estate, business development, and international expansion. Under his guidance, RE/MAX England & Wales solidified its presence in one of the UK's most competitive markets. Now, he joins EstateX at a pivotal moment in the project's journey, just days after the $ESX token debuted to a $600m fully diluted valuation and secured listings on Kraken, MEXC Global, HTX, Raydium, and Uniswap. Craggs's appointment reflects EstateX's commitment to bridging traditional real estate expertise with Web3 innovation. With his deep understanding of property markets and investor behavior, he will lead the next phase of the company's roadmap, scaling real-world property integrations, expanding the AI-powered Homie ecosystem, and positioning EstateX as a global leader in tokenised real estate. Steve Craggs said: 'I've been watching the guys in EstateX over the past few years work tirelessly to achieve this historic launch, and I'm so very proud to accept this appointment. I believe together we can now add the additional layers that will set EstateX apart from the rest. We have seen how partnerships with DAMAC of other RWA projects significantly boosted the presence of the RWA arena, a big turning point for the crypto industry. My new position as CEO allows me to work more closely with my global connections and bring multiple significant partnership deals to EstateX. Tokenisation of Real World Assets is the future of real estate and I'm very excited to be driving this global machine.' EstateX's early momentum continues to pick up speed, bolstered by a wave of strategic hires, upcoming real-world property announcements, and a blockchain infrastructure designed for onboarding the next generation of RWA (real-world asset) projects. With a CEO rooted in traditional real estate and a team fluent in crypto-native culture, EstateX is uniquely positioned to redefine property ownership and access on a global scale. EstateX is a Web3 platform revolutionising real estate through asset tokenization, AI powered financial tools, and blockchain infrastructure. By allowing fractional ownership and easy on-chain access to property markets, EstateX is creating a new gateway to global real estate investment.

Cryptocurrency Live News & Updates : Ondo Finance Predicts 2025 as Tokenized Stocks Year
Cryptocurrency Live News & Updates : Ondo Finance Predicts 2025 as Tokenized Stocks Year

Economic Times

time29-06-2025

  • Business
  • Economic Times

Cryptocurrency Live News & Updates : Ondo Finance Predicts 2025 as Tokenized Stocks Year

30 Jun 2025 | 02:55:13 AM IST Ondo Finance's ONDO token rose 1.5% to $0.7671, following the launch of a global alliance to set standards for tokenized securities, aiming to enhance access to U.S. stocks for international users. In recent developments, Ondo Finance has launched a global alliance to promote standards for tokenized securities, signaling a significant move towards integrating traditional financial products into blockchain systems. The ONDO token has shown positive price action, reflecting market optimism. Meanwhile, South Korean equities have surged following President Lee Jae-myung's support for won-backed cryptocurrency assets, leading to increased retail investor interest. Companies linked to digital currencies have seen substantial gains, with the Kospi Composite index rising nearly 30% this year. In contrast, the Pi Network faces challenges despite its pivot to AI and staking initiatives, with its price dropping significantly. Lastly, EstateX is revolutionizing real estate investment through tokenization, offering retail investors greater control and transparency. As the crypto landscape evolves, these developments highlight the growing intersection of traditional finance and blockchain technology, paving the way for a more inclusive financial future. Show more

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