What is the difference between a tokenized deed and an NFT of a house?
By OPR Editorial·2025-09-12·5 min read
A tokenized deed represents legal ownership of a property, usually via an LLC that holds the deed. An NFT of a house is often just an image or claim with no enforceable transfer of the underlying real estate. The difference is who holds the paper deed and whether the token conveys the LLC that owns it.
What is the legal wrapper?
Almost every US-legal tokenization uses a Delaware or Wyoming LLC. The deed is filed to the LLC at the county. The token is the LLC membership certificate in digital form.
Who holds the deed?
Either a licensed transfer agent (custodial platforms) or the LLC itself with an operating agreement that binds the token to control. See our Registry Tracker for each platform's model.