Restifi · a brand of Asset Haus
Restifi structures real estate and hospitality assets as tokenized SPVs: KYC-gated investors from the US, GCC, Europe and Asia, quarterly distributions in USD, USDT, USDC or AED, a registry of record and whitelisted secondary transfers. Deals from $5M to $25M, typically live in 6 to 12 weeks.
32
deals structured
$200M+
facilitated
9+
jurisdictions
6–12
weeks to launch
Asset Haus figures. asset.haus/about
Restifi is now part of Asset Haus
Restifi was the first product of the team that now runs Asset Haus. The people, the tokenization stack and the legal know-how carried over unchanged. In 2025 the company rebranded as Asset Haus and Restifi became its real estate and hospitality brand.
Existing Restifi engagements continue under Asset Haus. Questions about a legacy engagement: hello@resti.fi.
Official notice on asset.haus ↗| Restifi, 2023–2024 | Restifi by Asset Haus, 2025– | |
|---|---|---|
| Focus | Tokenized equity marketplace across sectors | Real estate and hospitality: hotels, resorts, branded residences, multifamily, developments |
| Audience | Individual investors and project owners | Sponsors, developers, hotel owners, family offices, fund managers |
| Model | Public marketplace with listings | Closed launch workflow (Private Listing Desk) or the platform under your brand |
| Chain | Polygon | Ethereum deployments with ERC-1400 transfer controls; chain-agnostic |
| Jurisdictions | Project-by-project | Delaware, Wyoming, Cayman, BVI, ADGM, DIFC, Bahrain, EU SPVs |
| Role | Marketplace operator | Infrastructure provider: not an issuer, broker-dealer, exchange or custodian |
What we tokenize
Hotels
Operating hotels and acquisitions with a management agreement or lease in place. Distributions from net operating income after debt service and the FF&E reserve.
Resorts and beachfront
Coastal and leisure assets with seasonal cash flow, in structures that survive foreign-ownership rules.
Branded residences and serviced apartments
Unit inventory with rental pools. Investor rights separated from unit title.
Multifamily
Value-add and stabilized complexes with multi-class waterfalls: preferred return, profit share, IRR hurdles.
Developments and pre-completion
Construction-stage equity with milestone reporting and draw controls.
Mixed-use, retail and logistics
Shopping centres and fulfilment warehouses with profit-share participation.
Deal size $5M to $25M typical
Investors accredited, professional and family-office capital, fiat and stablecoin rails side by side
Delivered on Asset Haus infrastructure
Dubai, UAE
Luxury residential development
Turkish coast
120-key coastal hotel
United States
Value-add multifamily complex
Each case shipped the same modules: Token Factory, Investor Portal, KYC/KYB, E-Sign, Registry, Distribution Engine, Transfer Controls, Admin and Reporting, plus the legal pack: SPV formation, investment memorandum or PPM, subscription agreements, distribution policy, quarterly report templates.
How a hotel or resort tokenization works
Seven steps. Six to twelve weeks from term sheet to live onboarding in delivered cases.
The hospitality guideUnderwrite the asset like a hotel, not like a token
Occupancy, ADR, RevPAR, GOP margin, management or lease agreement, brand or franchise terms, FF&E reserve, debt. If the numbers do not support quarterly distributions, tokenization will not fix them.
Define the investor first
GCC family offices, US accredited, European professional, Asian HNWIs: each group sets the exemption, the onboarding evidence and the payment rail, whether USD wire, USDT, USDC or AED.
Pick the two jurisdictions
The asset sits under local property law. The issuer SPV sits where the investors can be served: Bahrain or ADGM for GCC pools, Wyoming or Delaware for US pools, BVI or Cayman for global pools, an EU SPV for European assets.
Separate title from investor rights
The SPV or PropCo holds the property or the leasehold. Investors hold tokenized shares or profit-share rights in the SPV. Operator and management contracts stay at the OpCo level.
Encode the rules
Whitelists, lock-ups, jurisdiction blocks and consent workflows as ERC-1400 transfer controls. Cap table and registry of record on-chain, documents attached to each position.
Onboard and close
KYC/KYB, accreditation evidence, e-signature, subscription, allocation. In delivered cases KYC pass rates exceeded 90%.
Operate
Quarterly distributions from the distribution engine, investor reporting from the same data, corporate actions, whitelisted secondary transfers, audit exports for lenders and auditors.
What investors receive
Cash flow
Quarterly distributions in the currency chosen at subscription: USD wire, USDT, USDC or AED in delivered deals. Multi-class waterfalls where the sponsor needs them.
Reporting
Quarterly reports generated from the registry and distribution data, a live dashboard for the sponsor, audit-ready exports.
Transfers
No public exchange. Transfers happen between whitelisted, eligible holders with the consents the documents require. In the Dubai case six such transfers cleared in the first year.
Governance
Shareholder rights as defined in the SPV documents, exercised through the investor portal.
Asset-side rules by market
An orientation for the first conversation, not legal advice. Local counsel confirms the rules before a deal.
| Market | What to check first | Structure seen in practice |
|---|---|---|
| UAE (Dubai, Abu Dhabi) | Designated freehold areas for foreign ownership; Dubai Land Department tokenized title-deed pilot (2025); VARA rules for asset-referenced virtual assets. | Bahrain or ADGM issuer SPV for GCC family offices; dual USDT/AED distributions. |
| Bahrain and GCC | CBB licensing perimeter; ADGM passporting for GCC investors. | Bahrain SPV as issuer (Dubai $22M case). |
| Turkey | For foreign individuals: reciprocity by nationality, 30 ha per person, 10% of a district, no military zones. A Turkish company with foreign shareholders can hold property for its business purpose. Tourism operation licence for hotels. | Turkish PropCo under a BVI SPV with profit-share rights (Turkey $12M case). |
| Indonesia (Bali) | Freehold (Hak Milik) is for Indonesian citizens only. Foreign routes: long leasehold (25–30 years, renewable), Hak Pakai for residents, or a PT PMA holding a right-to-build title. Villa vs hotel licensing. | Leasehold or PT PMA held by an operating company; investor SPV offshore. |
| Cyprus | Non-EU individuals need Council of Ministers permission (routine, weeks to months); EU entities do not. Northern Cyprus title-deed risk. | EU-facing SPV; avoid disputed-title assets. |
| EU / Baltics | National securities law for tokenized shares (MiCA does not cover them); local SPV. | EU SPV with US or EU professional investors (Lithuania case). |
| United States | Reg D 506(b)/(c), Reg S for non-US investors; state property and hotel licensing. | Wyoming or Delaware LLC with a class-based waterfall (US multifamily case). |
What Restifi built, and learned
Between 2023 and 2024 Restifi shipped a full tokenized-equity workflow on Polygon: project onboarding in three stages, SPV formation, a 12-step investor KYC, distributions and a secondary market. The original documentation is still online at docs.resti.fi.
The full storyA token is a wrapper, not a buyer.
The 2024 pilot listings, including a beachfront resort in Bali, proved the technology and exposed the missing piece: distribution to eligible investors. Liquidity is a go-to-market problem disguised as a technical one. Read: Token ≠ Liquid
Hospitality needs hospitality underwriting.
Seasonality, operator contracts, FF&E and foreign-ownership rules decide whether a hotel deal can distribute quarterly. So Restifi now works only with sponsors and operators, on assets that pay from operations, on infrastructure built for that.
The partnership today
From the journal
4 min read
How a $19M, 300-unit US multifamily complex was tokenized in a Wyoming LLC with three share classes and US accredited and Reg S investors on one registry.
5 min read
How tokenized fractional hotel ownership differs from a timeshare and a REIT share: what is held, who may hold it, how it pays and how it transfers.
5 min read
How PropCo, OpCo and issuer SPV fit together in a tokenized property deal, where the SPV sits, and which documents it needs before investors onboard.
Questions
Yes, as the real estate and hospitality tokenization brand of Asset Haus. The company rebranded in 2025; the team and platform are the same.
Engagements moved to Asset Haus unchanged. If you had an account or a listing on the 2023–2024 marketplace, write to hello@resti.fi.
As a historical reference. It describes the 2023–2024 marketplace. Current processes, fees and terms are on asset.haus.
Yes, as development-stage equity with milestone reporting and draw controls. Distributions start when operations do; investors follow construction progress through the portal.
Delivered deals range from about $2M to $22M; the sweet spot is $5M to $25M. Below that the legal and SPV costs rarely pay off.
Through a compliant SPV, usually yes. The asset stays under local ownership rules; investors hold rights in the issuer SPV. The structure depends on the country.
Quarterly, from the distribution engine, in USD wire, USDT, USDC or AED as chosen at subscription.
Between whitelisted, eligible holders, with issuer consent where required. There is no public exchange.
No. Restifi and Asset Haus work with sponsors, operators, funds and regulated partners. Investors participate through those issuers.
hello@resti.fi. Response within one business day.
Talk to Restifi
A hotel, a resort, a residential development, a multifamily complex. We reply within one business day with a first view on structure, investor fit and timeline.
Prefer email? hello@resti.fi
