Opportunities from crypto assets with real estate

Among the industries with the potential to apply crypto assets, real estate is considered a leading field due to the characteristics of assets with large value, difficult to divide and limited liquidity.

The planning policy to develop Hai Phong into a modern, regional city opens up great room for the real estate market in the medium and long term. (Illustration photo)

High coding potential

The Government has just issued Resolution No. 05/2025/NQ-CP on piloting the implementation of the crypto-asset market in Vietnam, with a 5-year roadmap. This is considered one of the first steps to realize the goal of developing digital finance, creating a new capital mobilization channel for the economy ; in which, the real estate sector - which has a large capital demand and low liquidity - is expected to be one of the industries that benefit most clearly and soonest from this policy.

According to Resolution 05, crypto assets in the pilot phase must be linked to underlying assets that are real assets - not including securities or fiat money. The subjects offered for sale are limited to foreign investors and trading activities will take place on platforms provided by domestic organizations, under the licensing and management of the Ministry of Finance . Among the industries that can apply crypto assets, real estate is considered a leading field due to the characteristics of assets with large value, difficult to divide and limited liquidity.

Dr. Pham Nguyen Anh Huy, Senior Lecturer in Finance, RMIT University Vietnam, commented that Resolution 05 allows for a pilot of a new mechanism whereby real estate products can be represented and traded in the form of crypto assets. One of the biggest impacts of crypto assets is the ability to fragment ownership, allowing real estate to be divided into many token units to be sold to many different investors. This mechanism both helps increase liquidity for the market and expands access to individual investors and international capital flows.

Token issuers are required to publish a prospectus, retain data for at least 10 years, and comply with anti-money laundering and anti-terrorist financing regulations. These conditions are expected to improve governance standards, information transparency, and reduce risks for investors.

However, the success of the crypto asset market depends not only on the legal mechanism, but also on a solid technological foundation. According to Mr. Le Xuan Sang, CEO of Fintech Company, real estate tokenization can only be effective if the technology is strong enough - from the blockchain platform, custody, data encryption to the user interface. Investors only feel secure when there is a system to guarantee their rights and control risks.

The social housing project of Lac Vien Warehouse 3 - Harbor Residence (Hai Phong city) creates a housing fund supply to meet the settlement and residential needs of the people.

Legal standardization

While the opportunities are clear, experts are cautious about the legal risks – especially the connection between tokens and real property rights. According to Dr. Pham Nguyen Anh Huy, if tokens are not closely linked to real property rights, disputes are likely to arise when businesses go bankrupt or assets are disposed of.

From a legal perspective, lawyer Nguyen Thuy Hang, an expert in the field of fintech, said that if the law does not recognize tokens as a type of proof of ownership or there is no mechanism to convert them to traditional ownership, investors may lose everything in case of a dispute.

At the same time, the lawyer also proposed to soon consider amending the Land Law, the Real Estate Business Law and the Information Technology Law. At the same time, build a legal conversion mechanism in the pilot phase, allowing tokens to be converted into red books or certificates when meeting legal and technical conditions.

Experts cite international experience that shows that the implementation of real estate tokenization is only successful when it is tightly integrated with the legal system and public databases. For example, RealT Company (USA), where assets are encrypted and traded online, allows global real estate trading from only 50 USD, with a processing time of less than 30 minutes.

However, the most important factor is the connection between the token and the land registration system, ensuring that there are no “two owners”. In addition, countries such as Singapore and the US require standardized financial reporting, independent valuation and token issuance processes.

In Vietnam, experts say it is necessary to build a specialized asset custody ecosystem, a supervised trading floor, risk insurance regulations and a compensation fund to protect investors. Prioritizing projects with clear cash flow in the early stages - such as rental real estate - will help the market operate more safely before expanding.

The birth of Resolution 05 not only opens a new door for the Vietnamese real estate market but also tests the ability to manage, apply technology and perfect the legal framework. Although crypto assets bring great opportunities, the implementation needs to be extremely cautious, controlled and prioritize investor protection.

Therefore, in the pilot phase, experts recommend prioritizing projects with a clear legal basis, transparent cash flow, applying high safety standards and not promoting widely to retail investors. This is a necessary step to prepare a solid foundation for the future of the crypto asset market in general and digital real estate in particular in Vietnam.

PV (synthesis)

Source: https://baohaiphong.vn/co-hoi-tu-tai-san-ma-hoa-voi-bat-dong-san-521936.html