Short answer：Tokenisation can change how interests are recorded or traded without guaranteeing buyers or direct property title. Read the actual legal structure.
Trace the legal rights
Identify shares, fund interests, debt, income rights or another structure and who holds title, collects rent and distributes money. On-chain records do not automatically resolve insolvency, security or priority.
Check restrictions and technology
SFC guidance identifies ownership and technology risks alongside existing securities requirements. Review eligibility, transfers, redemption, platform, custody and network failures. Smaller denominations do not make an investment low-risk.
Before deciding
- Obtain legal and offering documents
- Understand exit without buyers
- Verify regulatory claims rather than logos
Sources and method
Sources support the specific rules described. Checklists and hypothetical calculations are editorial explanations, not measured market results or individual approvals.
Revision：Removed unsupported experience, case outcomes and statistics; corrected the topic-specific rules and limitations described above.
Scope：General information only, not personalised legal, tax, immigration, admissions or investment advice.