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Real estate investor Grant Cardone (Grant Cardone) plans to tokenize his company's $5 billion investment portfolio, Cardone Capital, aiming to provide collateral and secondary market liquidity for investors, leading large-scale asset tokenization. Previously, the company purchased 1,000 Bitcoin in June as part of its cryptocurrency strategy. This move aligns with the broader trend of asset management firms exploring blockchain applications for assets like real estate, but as industry reports point out, regulatory hurdles and limited secondary trading remain challenges.