KRESTReal-World Asset

KKR Real Estate Select Trust (KREST)

Value of backing: $45M
0D change: -
Yield · 30-day trailing APY: 6.50%
NAV: 29.5000
Management fees: 1.25%
Minimum: $10K
Redemption: Quarterly
Launched: 01 Aug 2023

Field coverage 88%Primary-source or on-chain verified 0% of tracked metrics0/0 source documents analyst-verifiedLast reconciled 29 Aug 2026

Overview

What this product is

Tokenized access to KKR's KREST fund via Securitize.

Underlying asset: KKR Real Estate Select Trust
Asset class: Real Estate
Product structure: Tokenized Fund
Legal structure: US Reg D / 3(c)(7) Fund
Issuer jurisdiction: United States
Fund domicile: United States
Base currency: USD
Launched: 01 Aug 2023

Peer set

Comparable products

Products in the same asset class and currency. Yields are quoted on different bases, so check each one before comparing.


HMB-R1	6.80%	0.60%	$500	$606.7M
RealT	9.50%	1.50%	$50	$110M
KRESTthis product	6.50%	1.25%	$10K	$45M
Lofty	8.00%	1.00%	$50	$35M
RealT-D1	5.10%	0.10%	$1K	$29.4M
PROP	7.94%	0.10%	$1K	$27.5M
LOFT-CRE	7.20%	0.50%	$50	$14.2M

Issuer

Who runs it

Securitize

Miami, United States

SEC-registered transfer agent and broker-dealer that operates the on-chain register for the largest tokenized funds. The single most systemically important intermediary in the category, concentration worth monitoring.

Portfolio

Composition

KKR KREST Units100.0%

Weighted average maturity

0 days

Backing

Attestation

Asset backing

What each token represents in physical terms.

KKR KREST Units100.0%

No on-chain history has been recorded for this product yet. Its value outstanding comes from issuer disclosure rather than a contract read.

AUM

$45M

Assets under management

No on-chain history recorded for this series yet.

Yield

6.50%

Yield history. 30-day trailing APY

No on-chain history recorded for this series yet.

NAV

29.5000

NAV per token

No on-chain history recorded for this series yet.

Movement

Recent daily movement

No on-chain history recorded for this product yet.

Redemption

Terms

Contractual terms

Redemption frequency: Quarterly
Dealing cut-off: 90 days prior
Settlement: T+30
Redemption fee: None
Secondary venues: None disclosed
Transfer restrictions: Securitize iD required.

These are contractual terms from the offering documents. Observed settlement performance and any discretionary accommodation by the manager are explicitly out of scope.

Assessment

Liquidity profile

Primary redemption

Quarterly · T+30

Off-hours exit

Constrained to 90 days prior

Secondary market

No secondary venue: primary redemption is the only exit

Transferability

Allow-listed wallets only

Exit fee

No redemption fee

Relationship graph

Operational dependency network

Every firm and system this product relies on. Select any of them to open its profile.

Every counterparty and system this product depends on to function. Each card links to that entity's own profile: the question worth asking of each is what happens to your position if it stops working.

Open in Ecosystem Graph →

Issuance & legal

Who is legally on the hook for this product.

Issued bySecuritizeMiami, United Statesderived Administered bySecuritizeMiami, United Statesderived Transfer agent of recordSecuritizeMiami, United Statesderived

Custody

Where the backing assets actually sit.

Custodied bySecuritizeMiami, United Statesderived

Markets & settlement

Where it trades and how value moves between venues and chains.

Deployed onAvalanche C-Chainpublic l1 · 100% of supplyderived

Edges marked derived are inferred from a structured field on this product that carries its own source; they are not independent confirmation of it. Edges without that mark were sourced separately from a disclosure naming both parties.

Deployments

Registry

Networks and contracts

		Contract / asset id
Avalanche C-ChainPrimary	public l1		100.0%

Counterparties

Service providers

If any of these has a problem, this product is affected.

Custodian: Securitize· Miami, United States
Administrator: Securitize· Miami, United States
Transfer agent: Securitize· Miami, United States
Tokenization platform: Securitize· Miami, United States
Oracle / attestation: Not disclosed

Access

Classification

Who may hold this

RetailNot eligible

AccreditedEligible

ProfessionalNot eligible

InstitutionalEligible

Minimum investment: $10,000
Allow-list required: Yes
Transfer restrictions: Securitize iD required.

Geography

Where it is available

United StatesAvailable

European UnionNot available

SingaporeAvailable

United KingdomAvailable

SwitzerlandAvailable

Hong Kong SARNot available

United Arab EmiratesNot available

Explicit prohibitions

Availability is limited to the jurisdictions in the coverage boundary. Absence here means not covered, not necessarily prohibited. This is a classification of the offering documents, not legal advice.

Structure

Legal and regulatory

Legal structure: US Reg D / 3(c)(7) Fund
Product structure: Tokenized Fund
Fund domicile: United States
Issuer jurisdiction: United States
Transfer agent: Securitize

The domicile of the fund and the jurisdiction of its manager are frequently different. Both are recorded separately because they drive different questions: tax and insolvency follow the domicile, supervision follows the manager.

Source documents

Offering documentation

The documents behind the figures on this page. Anything marked verified has been checked by an analyst.

Related intelligence

2 events reference this product

09 Nov 2026Market Structure

Ondo Claims the Tokenisation Leadership on the Back of Securitize’s Shrinking Assets

Ondo Finance asserts market leadership in tokenized assets following shifts in comparative asset volumes against Securitize-backed products.

Shifts in protocol-level dominance reconfigure liquidity concentration across decentralized credit and secondary yield markets. Allocators monitoring counterparty risk must evaluate whether Ondo's expanding market share reflects structural issuer preference or yield chasing, directly impacting venue selection for permissioned on-chain capital.

09 Nov 2026Market Structure

Securitize Pushes Into $6 Trillion Asset-backed Finance Market With River One Acquisition - Moomoo

Securitize expands its footprint into the multi-trillion dollar asset-backed finance market through the strategic acquisition of River One, scaling institutional tokenization capabilities.

This acquisition bridges traditional asset-backed finance (ABF) with institutional-grade tokenization infrastructure, enabling Securitize to capture origination pipeline flow from private credit markets. By integrating River One, Securitize strengthens its moat in compliant issuance, offering allocators direct access to structured credit products with standardized on-chain servicing and lifecycle management.