Tokenization of assets of all classes is currently a trend. Whether Non-Fungible Tokens (NFT) or Security Tokens. Everything is offered. Videos can be seen on TikTok where users have tokenized a simple stone and sold the resulting NFTs for more than $1,000. The real estate sector is also not spared from this tokenization. Estonia’s Genius Estates OÜ is offering the sale of real estate tokens through its website as part of a Security Token Offering (STO). The Spanish regulator CNMV has issued a warning against this crypto asset scheme.
Key Data
| Trading name | Genius Assets |
| Domain | https://genius-assets.com |
| Legal entity | Genius Estates OÜ |
| Jurisdictions | Estonia, Romania, Ireland |
| Related individuals | Claudiu Buda (LinkedIn) Evgeny Pleshakov |
| Authorization | Estonian FIU (Virtual Currency Services) |
| Warning | CNMV |
Short Narrative
Genius Estates OÜ has received a crypto license from the Estonian FIU and is therefore basically allowed to offer virtual currency services. Currently, Genius Assets has GeniuX (IUX) on offer via an ICO in addition to its own tokens, as well as a property in Ireland.
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If you have any information about Genius Assets, its operators, and partners, please share it with us via our whistleblower system, Whistle42.
