**[Starwood Founder Barry Sternlicht: Ready to Advance Asset Tokenization, but Restricted by U.S. Regulations]** Odaily Planet Daily reports that real estate billionaire and Starwood Capital Group founder Barry Sternlicht stated that the company is prepared to tokenize real-world assets (RWA) such as real estate on the blockchain. However, due to regulatory restrictions in the United States, the plan cannot currently move forward. Starwood manages assets worth over $125 billion. Speaking at the World Liberty Forum, Sternlicht highlighted that asset tokenization could create new financing methods for traditionally illiquid assets like real estate and make it easier for investors to participate. He described this technology as a "future trend" and suggested that its development stage is even ahead of artificial intelligence. Industry reports indicate that Deloitte projects the global tokenized real estate market could reach $4 trillion by 2035, a significant increase from the less than $300 billion expected in 2024, implying a compound annual growth rate of approximately 27%. Sternlicht called for greater regulatory clarity to unlock the potential of asset tokenization.