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The Pool Has a Bouncer: Uniswap's First Permissioned Asset Is a REIT

The Pool Has a Bouncer: Uniswap's First Permissioned Asset Is a REIT

Uniswap finally has a pool with a bouncer. The first guest is a landlord.

GromaCoin (GRO), a tokenized stake in a REIT that owns apartment buildings mostly around Greater Boston and Providence, now has a GRO/USDC pool on Uniswap v4 on Base. It's the first asset to use the Permissioned Pools hook Uniswap introduced in July.

Only allowlisted wallets get in: accredited investors who cleared KYC and AML checks. Traders don't set the price either. The trust issues and redeems at its own NAV, caps redemptions per period, and can pause swaps.

Anyone can swap anything, provided the landlord approves the ID and picks the price.

Source: Blockchain Academics

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Educational content only. Not financial advice.

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