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Fractional property platform Goro joins Indonesia’s sandbox
Goro, a platform for fractional property investment, is now the first participant in Indonesia’s Regulatory Sandbox for Property Tokenization led by the country’s Financial Services Authority.
The Regulatory Sandbox aims to test new financial technologies under close regulatory guidance.
Property tokenization divides real estate into digital shares for fractional ownership, noted for enhancing transparency and broadening investment access.
Established in 2022, Goro serves over 100,000 users across 43 countries and noted a 350% increase in managed assets for 2024.
Most users are Indonesian, with many new to property investment.
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