Decentralising Regulated Real World Assets: The Case of Real Estate Real estate is one of the oldest and most valuable Real World Assets (RWAs). Yet, despite its enormous value, this market remains trapped in centralized, cumbersome, and opaque systems that stifle innovation and limit access to a privileged few. So, how can such a heavily regulated asset like real estate be decentralised while respecting legal frameworks and ensuring the security of all stakeholders? This is the major challenge that Xcavate is addressing. The Paradox of RWAs: Strict Regulations and a Fragmented Market RWAs like real estate are subject to stringent rules: official land titles, taxation, legal compliance, KYC/AML procedures, and geographic restrictions. These necessary safeguards create complexity for tokenisation and decentralisation. Moreover, the real estate market is traditionally illiquid, with high entry barriers and many intermediaries that increase costs and delays. These obstacles limit particip...