Tokenization of mortgage loans
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ECGI Holdings and Nomyx Begin Live Pilot to Tokenize Up to $10 Million in Mortgage Loans on RezyFi
Globenewswire· 2026-02-24 13:30
Core Insights - ECGI Holdings, Inc. has initiated a pilot program to tokenize up to $10 million of mortgage loans originated by its subsidiary ResMac, with the platform launch expected within 45 to 60 days pending pilot completion [1][2] Group 1: Pilot Program Details - The pilot aims to validate a repeatable infrastructure layer for mortgage assets, focusing on how loans can be represented on-chain through various stages such as origination and lifecycle events [2][4] - Nomyx Technology Labs Inc. will provide the necessary modular infrastructure to support the tokenization workflow, compliance, and platform integration [3] - The pilot will assess transaction throughput, cost efficiency, and ecosystem compatibility across public blockchain networks before the commercial launch [4][5] Group 2: Market Context and Expectations - The Mortgage Bankers Association projects that total single-family mortgage originations will rise to $2.2 trillion in 2026, up from $2.0 trillion in 2025, indicating a substantial addressable market for mortgage tokenization [4] - ECGI plans to provide updates on pilot milestones during the testing period, focusing on workflow completion and launch readiness [5] - The partnership with Nomyx is expected to modernize the management of mortgage assets, which are seen as under-digitized in the financial markets [5]