Coverage
Coverage & criteria
What we price, what we don't, and why · How every number is computed →
What we cover
EstateFi tracks tokenized real estate whose secondary-market trades and income flows are verifiable on public blockchains. Today that means RealT (Gnosis), Lofty (Algorand), Binaryx (Polygon), Blocksquare (Ethereum) and Reental (Polygon). Every price on this site comes from an executed on-chain transaction; every income figure from an on-chain payout. If a number cannot be traced to a public chain, we do not publish it.
Our listing criteria
A token qualifies for price coverage when all four hold:
- The asset is real estate. Property-backed tokens only — no mining notes, funds, or commodity-backed instruments.
- Trades or income settle on a public chain. Secondary trades or income distributions execute on a public blockchain, through contracts anyone can inspect.
- Per-property attribution is possible. Each trade and each payout can be tied to a specific property token, not just to a platform-wide total.
- The data can be re-verified. Anyone with a block explorer can recompute every figure from the same public records.
Tokens we don't show prices for — and why
Several well-known real-estate security tokens have no market price on EstateFi. This is not an omission: their trades settle on private or internal systems, so there is no public-chain record from which a price could be independently verified. The facts below are matters of public record.
| Token | Backing asset | Where it trades | Why no price here |
|---|---|---|---|
| Aspen Coin (ASPD) | St. Regis Aspen Resort, Colorado | tZERO ATS | Trades settle on tZERO's internal books. The Tezos registry
contract (KT1S5iPRQ612wcNm6mXDqDhTNegGFcvTV7vM)
shows roughly 106 transfers and 6 holders in 6 years: venue
trades are not publicly settled on-chain, so prices cannot be
independently verified. |
| SiriHub A/B | Siri Campus office complex, Bangkok | ERX (Thailand) | The order book is internal to the licensed exchange; no public-chain settlement found. The original token matured after the underlying asset's sale. |
| RedSwan CRE tokens | US Class-A commercial real estate | Internal marketplace | Issued via permissioned registries (Polymath, later Hedera); no public secondary trades to index. |
| GromaCoin (GRO) | ~125 Boston residential buildings (regulated REIT) | Direct NAV subscription / redemption | Partially verifiable: supply, holders and mint/burn flows are
public on Base
(0x3dCce9e05Fc9c30A6a4E9FC1c0ec1Ff15C16e0b5). But
no secondary market exists; the dollar figure is an issuer NAV,
not a market price. Integration is under evaluation with exactly
that labeling. |
| Non-real-estate security tokens | Enegra, Blockstream Mining Notes, BCAP, TZROP, Boss Info, Vidby, MS Token (the last backed by a 12.3 kg sapphire, not property) | Various ATSs | Outside our asset class: the backing asset is not real estate. |
Why this matters
Aggregators that republish venue feeds cannot re-verify them — they show whatever the venue reports. We would rather show a smaller universe that anyone can audit with a block explorer than a larger one taken on trust. The methodology page lists every formula and contract address we use, and the full datasets are read straight from public blockchains.
See also: Methodology · Risk & legal notice. Informational only — not investment advice.