Elevated Returns
Elevated Returns is a private Aspen-based digital asset management firm that tokenizes premium real estate — primarily hospitality properties — into blockchain-based fractional ownership securities for high net worth and institutional investors, operating across the U.S., Southeast Asia, and Europe.
- Company typePrivate
- Founded2015
- HeadquartersAspen, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Elevated Returns does
Elevated Returns is a privately held digital asset management firm founded in 2015 and headquartered in Aspen, Colorado, that builds infrastructure for the tokenization of real estate assets, with a particular focus on premium hospitality properties. The company operates three business lines: Asset Management (identifying and acquiring assets with tokenization potential), Digital Asset Investments (capital partner replacement, equity monetization, and recapitalization for class A properties in the U.S., Southeast Asia, and Europe), and Digital Asset Marketplace (regulatory-compliant secondary trading infrastructure for digital assets). Its technology stack centers on blockchain-based property tokenization that converts real estate ownership into digital tokens, enabling fractional ownership and global investor participation; the firm also maintains a Thailand-based regulatory compliant ecosystem for the digitalization and tokenization of assets.
The company monetizes through three revenue streams: recurring asset management fees on tokenized real estate, professional services fees for tokenization mandates, and transaction fees from its digital asset marketplace. Its customer base targets high net worth individuals and institutional investors seeking fractional ownership of premium real estate, alongside real estate asset owners seeking equity monetization and recapitalization. Portfolio assets include the St. Regis Aspen Hotel and the Sunset Tower Hotel in West Hollywood, and the firm operates a vertical ecosystem of portfolio companies including Aspencoin (tokenization platform), tZERO (digital securities trading), SwapGlobal (exchange/swap), ERX (marketplace), and XSpring Capital (Southeast Asia investments).
The firm is small (1-10 employees), led by President Stephane De Baets with ~20 years of asset management and M&A experience, and is supported by a Thailand country representative office. Its go-to-market is sales-led and relationship-driven, relying on direct investor outreach and its portfolio company ecosystem for distribution rather than self-serve or channel-driven acquisition. The company has minimal public financial disclosure — no revenue, AUM, or transaction volume is published, and the only recorded funding event is a 2019 Chainfund Capital round reported at $0 raised — which limits visibility into operating scale and current momentum.
Elevated Returns firmographics
Firmographics- Name
- Elevated Returns
- Legal name
- Elevated Returns
- Website
- https://elevatedreturns.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Elevated Returns is a private Aspen-based digital asset management firm that tokenizes premium real estate — primarily hospitality properties — into blockchain-based fractional ownership securities for high net worth and institutional investors, operating across the U.S., Southeast Asia, and Europe.
- Ownership category
- akta.pro rank
Elevated Returns industry classification
Industry- Product category
- Real Estate Tokenization
- NAICS
- Securities and Commodity Contracts Intermediation and Brokerage (5231)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Real Estate Dealers (For Their Own Account) (6532)
- akta.pro primary industry
- Real Estate Tokenization Platforms (FSADAEAC)
- akta.pro secondary industries
- RWA Tokenization Platforms (asset onboarding, structuring, issuance) (FSAPAIAC), Tokenization Platforms (RWA, Securities, Funds) (FSAGAMAA)
Keywords
Where Elevated Returns is headquartered
LocationHeadquarters
- HQ city
- Aspen
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Elevated Returns business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales
Revenue model
- Asset Management Fees: Fees from managing tokenized real estate assets and identifying acquisition opportunities
- Digital Asset Investment Services: Capital partner replacement, equity monetization, and recapitalization services for class A properties
- Marketplace Transaction Fees: Fees from facilitating trading of digital assets on the marketplace platform
Go-to-market motion2 records
Distribution channels3 records
Marketing channels2 records
Elevated Returns product offering
Product offeringCore offering
Elevated Returns identifies and acquires premium real estate assets (primarily hospitality) and converts ownership into blockchain-based digital tokens, enabling fractional ownership and global investor participation. The firm delivers three integrated offerings: Asset Management (acquiring tokenization-ready assets), Digital Asset Investments (capital partner replacement, equity monetization, and recapitalization for class A properties in the U.S., Southeast Asia, and Europe), and a Digital Asset Marketplace that facilitates regulatory-compliant secondary trading of tokenized assets.
Product overview
Elevated Returns operates as a digital asset powerhouse with three core business lines: Asset Management (identifying and acquiring assets for tokenization), Digital Asset Investments (capital partner replacement, equity monetization, and recapitalization for class A properties across the U.S., Southeast Asia, and Europe), and Digital Asset Marketplace (building regulatory-compliant digital asset trading infrastructure). The company tokenizes hospitality assets, notably through its Aspen Coin platform, and maintains a portfolio including St. Regis Aspen Hotel and Sunset Tower Hotel.
Differentiator
Problem solved
Functional benefit
Products and services
- Asset Management Asset management division that identifies and acquires assets with tokenization potential, primarily in the hospitality sector, for inclusion in the Elevated Returns digital asset ecosystem.
- Digital Asset Investments Capital partner replacement, equity monetization, and recapitalization services for class A properties across the U.S., Southeast Asia, and Europe, supported by a Thailand-based ecosystem enabling digitalization and tokenization of assets.
- Digital Asset Marketplace Marketplace infrastructure that enables regulatory-compliant trading of digital assets, providing secondary market liquidity for tokenized securities issued through the Elevated Returns ecosystem.
Quantifiable outcome
- Global Property Tokenization Market projected to reach $19.4 billion by 2033
- +1 more outcomes
Companies that use Elevated Returns
Customer profileNamed customers2 records
Segments2 records
Ideal customer profiles2 records
Elevated Returns technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Elevated Returns partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core.
- tZERO GroupcoretZERO is a portfolio company and strategic technology partner providing digital securities trading infrastructure. Elevated Returns leverages tZERO's platform capabilities for tokenized securities trading as part of the digital asset ecosystem.
- XSpring CapitalcorePortfolio company focused on digital asset investments in Southeast Asia. Strategic partner for capital deployment and investment management in the region.
- SwapGlobalcorePortfolio company providing digital asset exchange and swap infrastructure supporting the Elevated Returns ecosystem.
- ERXcorePortfolio company operating the Digital Asset Marketplace, enabling trading of tokenized assets within the Elevated Returns ecosystem.
- AspencoincoreTokenization platform used for converting real estate assets (St. Regis Aspen, Sunset Tower, Redstone Castle) into digital tokens for fractional ownership.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
Elevated Returns competitors and assessment
Company assessmentDirect peers
- Securitize: Leading enterprise-grade RWA and security token issuance and management platform offering tokenization, investor onboarding, cap table, and compliance. Directly overlaps with Elevated Returns' Digital Asset Investments and Marketplace pillars across asset classes, including real estate.
- RealT: Tokenization platform that issues fractional ownership tokens for individual U.S. rental properties and operates a secondary market for those tokens. Closely parallels Elevated Returns' thesis of fractional real estate ownership via blockchain tokens and a compliant secondary market.
- Propy: Blockchain-based real estate transaction infrastructure enabling tokenized property titles and cross-border real estate purchases. Shares the focus on bringing real estate onto blockchain rails, though Propy focuses more on the title/transaction layer than asset management.
- Lofty AI: Platform tokenizing fractional ownership of single-family rental properties with a built-in secondary marketplace. Highly comparable to Elevated Returns' core thesis of democratizing access to real estate via tokenized fractional ownership.
Regional players
- BrickMark: European (primarily DACH-region) real estate tokenization platform offering tokenized shares in individual real estate projects with a regulated marketplace. Comparable business model to Elevated Returns, with primary overlap in European institutional and HNW tokenized real estate.
Broad incumbents
- tZERO: Digital securities trading infrastructure operator and a portfolio company of Elevated Returns. Comparable as both a trading venue for tokenized securities and a broader blockchain capital-markets platform, though tZERO is infrastructure-focused rather than an asset manager.
Emerging players
- Bitfinex Securities: Regulated tokenized securities platform offering issuance and trading of digital securities to professional investors. Competes for institutional tokenization mandates and trading flow in the same regulatory-compliant tokenized securities category as Elevated Returns' Marketplace division.
- Stobox: Tokenization platform offering issuance, cap table, and investor management tools for tokenized securities including real estate. Direct peer to Elevated Returns' issuance and cap-table functionality within its tokenization ecosystem.
- Ondo Finance: RWA tokenization platform primarily focused on tokenized U.S. Treasuries and money-market products. Less direct overlap than real-estate-focused peers, but represents the broader institutional-grade RWA tokenization wave that could pull capital and issuer mindshare away from a niche player like Elevated Returns.
Others
- Oceanpoint: Advisory and implementation firm supporting issuers with security token offerings, tokenization strategy, and digital asset compliance. Compares to Elevated Returns on the regulatory-compliant tokenization go-to-market motion rather than as a competing platform.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Elevated Returns social profiles
Digital presenceElevated Returns financial estimates
Financial estimateRevenue estimate
Valuation estimate
Elevated Returns leadership team
Management profileNumber of profiles
Profiles4 records
Elevated Returns subsidiaries and ownership
Company hierarchySubsidiaries8 records
Elevated Returns funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Elevated Returns M&A and investment
M&A and investmentM&A
Investments2 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Elevated Returns
What does Elevated Returns do?
Elevated Returns identifies and acquires premium real estate assets (primarily hospitality) and converts ownership into blockchain-based digital tokens, enabling fractional ownership and global investor participation. The firm delivers three integrated offerings: Asset Management (acquiring tokenization-ready assets), Digital Asset Investments (capital partner replacement, equity monetization, and recapitalization for class A properties in the U.S., Southeast Asia, and Europe), and a Digital Asset Marketplace that facilitates regulatory-compliant secondary trading of tokenized assets.
Is Elevated Returns a public or private company?
Elevated Returns is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Elevated Returns founded?
Elevated Returns was founded in 2015. It employs 1 to 10 people.
Where is Elevated Returns based?
Elevated Returns is headquartered in Aspen, United States, in the North America region.
How does Elevated Returns make money?
Three revenue lines are on record. Asset Management Fees are the primary driver. The others are digital Asset Investment Services and marketplace Transaction Fees.
Who are Elevated Returns's main competitors?
Direct peers on record are Securitize, RealT, Propy and Lofty AI. BrickMark is listed as a regional player. tZERO is listed as a broad incumbent. Emerging players are Bitfinex Securities, Stobox and Ondo Finance. Oceanpoint is listed as an others.
Does Elevated Returns have an API?
No public API is recorded for Elevated Returns.
What industry is Elevated Returns in?
Elevated Returns's product category is Real Estate Tokenization. Its primary akta.pro industry code is FSADAEAC, Real Estate Tokenization Platforms, with a secondary code of FSAPAIAC, RWA Tokenization Platforms (asset onboarding, structuring, issuance). Its NAICS code is 5231 and its SIC code is 6200.