Bed Bath & Beyond buys Tokens.com in RWAs push

Bed Bath & Beyond has agreed to acquire Tokens.com as part of a strategy to expand into tokenised real-world assets and real estate finance following its 2023 bankruptcy.

The company said Tokens.com will be used to build a platform focused on real estate finance, tokenised securities and other real-world assets, combining blockchain infrastructure with regulated financial services.

The platform is expected to aggregate traditional and tokenised assets into a single interface, allowing users to view ownership, valuations and liquidity options, with capital markets functions running on tZERO.

Bed Bath & Beyond said mortgage and home-equity products will be offered through partners such as Figure Technologies, with financing available in cash or cryptocurrencies including stablecoins.

The acquisition builds on the company’s existing blockchain interests, including tZERO and GrainChain, with Tokens.com set to become a wholly owned subsidiary using shared regulatory and operational infrastructure.

The platform is expected to become operational by mid-2026, subject to closing conditions, as the company continues its shift beyond e-commerce.