Commercial Property on PYRAX
Commercial real estate - office, retail, industrial, and multifamily - runs on long due-diligence cycles, syndicated capital stacks, and settlement risk between institutional buyers and sellers. PYRAX tokenizes CRE assets and leases as multi-VM contracts, settles multi-million-dollar transfers atomically with instant finality, and keeps deal economics shielded while auditors hold viewing keys.
The market
Source: JLL, 2024. Figures are indicative and provided for context.
What's broken today
How PYRAX transforms it
Concrete network elements mapped to this business.
RWA tokenization via multi-VM contracts
An office or industrial asset is represented as a tokenized ownership contract (EVM, WASM, or Cairo), turning an illiquid building into transferable, programmable equity with an on-chain cap table.
Atomic settlement + on-chain escrow
A multi-million-dollar acquisition settles as one transaction - equity token, purchase funds, and lien payoff move together, eliminating the escrow-agent float on large deals.
Shielded-by-default ZK transfers
Cap-rate, purchase price, and individual LP positions stay confidential on-chain, while auditors and the acquiring fund's compliance desk use viewing keys for read-only verification.
Programmable leases
Commercial leases become smart contracts that meter rent, CAM charges, and escalations automatically, streaming payments to owners each period without a property-manager reconciliation step.
IoT/PropTech building data on-chain
Occupancy, energy, and maintenance telemetry are anchored on-chain to substantiate NOI and building condition for buyers, refinancers, and green-lease covenants.
Buildathon: dApp ideas
Ship-ready concepts for commercial property on PYRAX.
AssetMint
01CRE tokenization studio that issues a tokenized building equity contract with an on-chain, shielded cap table for syndicated LPs.
DealClose
02Atomic acquisition rail that swaps the equity token, buyer funds, and lender payoff in one settled block for institutional deals.
LeaseStream
03Programmable commercial lease that meters base rent, CAM, and escalations and streams collections to owners automatically.
CapTablePrivate
04Shielded LP register where investor stakes are hidden but each holder and the auditor carry a scoped viewing key.
NOIProof
05On-chain NOI attestation built from IoT occupancy and energy feeds to substantiate valuation during diligence.
DiligenceVault
06Selective-disclosure data room where sellers reveal shielded rent rolls and financials to qualified buyers via viewing keys.
GreenCovenant
07Sustainability-linked lease contract that adjusts terms based on verifiable on-chain building energy telemetry.
SyndicatePay
08Distribution engine that fans quarterly cash flow across the tokenized cap table with instant, provable finality.