Mey Network
Mey Network is the blockchain arm of Vietnamese proptech Meey Group, operating a tokenized real estate platform that enables fractional property ownership from $50–$100 via proprietary PTO standards on its MeyChain L1 blockchain, with integrated DeFi (MeyFi) for staking, P2P lending, and marketplace trading serving retail and institutional investors across multiple jurisdictions.
- Company typePrivate
- Founded2019
- HeadquartersHanoi, Vietnam
- Headcount101–250
- GTM typeB2C
- OfferingSoftware
What Mey Network does
Mey Network is the blockchain arm of Meey Group, a Vietnamese proptech company founded in 2019 and headquartered in Hanoi. The company operates a tokenized real estate investment platform built on MeyChain, a purpose-built Layer 1 blockchain for real-world asset (RWA) tokenization. Its core product is the Property Token Offering (PTO) standard, which converts verified real estate assets into assignable on-chain participation units held under SPV legal structures, enabling fractional ownership with minimum entry points of $50–$100. The platform supports DeFi functionality through MeyFi, including staking (with tiered APR rewards across Dolphin, Shark, Whale, and SVIP tiers), peer-to-peer lending using property NFTs as collateral, and a marketplace for secondary trading of fractional property tokens.
Mey Network serves both retail and institutional participants seeking exposure to tokenized real estate. Retail users access fractional ownership, staking rewards, and P2P lending yields; institutional targets include pension funds, family offices, and investment firms with target allocations of 2–5% of real estate holdings. The platform has tokenized 40+ properties across multiple jurisdictions, with operations anchored in Vietnam through Meey Group's 22 offices and a community of close to 50,000 users. The company holds ISO 9001 and ISO/IEC 27001 certifications from BSI, and employs ERC-3643 compliance standards with integrated KYC/AML.
Revenue mechanics span multiple streams: PTO issuance transaction fees, marketplace trading fees, P2P lending interest, staking-related token burn/buyback dynamics, and platform services revenue from Meey Finance (a sister company within Meey Group generating approximately $5 million in monthly revenue). Distribution is digital-first and direct-to-consumer through MeyFi, MeyHub, and Mey Real platforms, with CoinMarketCap and CoinGecko listings for the $MEY utility token. The company has secured partnerships with AWS for cloud infrastructure, CertiK and QuillAudit for smart contract security, PwC for strategic advisory, and Vietnamese banks BIDV and PVcomBank for financial services infrastructure. A phased product roadmap through Q4 2026 includes the MeyReal launch, RWA Marketplace, MeyFi expansion, and MeyChain mainnet launch.
Mey Network firmographics
Firmographics- Name
- Mey Network
- Legal name
- MEY NETWORK
- Website
- https://mey.network
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Mey Network is the blockchain arm of Vietnamese proptech Meey Group, operating a tokenized real estate platform that enables fractional property ownership from $50–$100 via proprietary PTO standards on its MeyChain L1 blockchain, with integrated DeFi (MeyFi) for staking, P2P lending, and marketplace trading serving retail and institutional investors across multiple jurisdictions.
- Ownership category
- akta.pro rank
Mey Network industry classification
Industry- Product category
- Real Estate Tokenization Platform
- NAICS
- Securities and Commodity Exchanges (52321), Funds, Trusts, and Other Financial Vehicles (525), Other Financial Vehicles (52599)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Real Estate Agents & Managers (For Others) (6531), Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Real Estate Tokenization Platforms (FSADAEAC)
- akta.pro secondary industries
- Compliance, Risk & RegTech for Tokenized Assets (KYC/AML, sanctions, travel rule, reporting) (FSAPAIAH), Decentralized Lending Protocols (DeFi Money Markets) (FSADAFAB), Decentralized Exchanges (DEX) & AMMs (FSAPADAB)
Keywords
Where Mey Network is headquartered
LocationHeadquarters
- HQ city
- Hanoi
- HQ country
- Vietnam
- HQ region
- Asia
Offices3 records
Markets served
Mey Network business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales, Supply Chain
Revenue model
- PTO Transaction Fees: Revenue from Property Token Offering sales — fees charged on the initial issuance of tokenized property units to participants acquiring fractional ownership stakes.
- Marketplace Trading Fees: Fees collected from the secondary marketplace where tokenized real estate tokens are bought, sold, and traded. Fractional trading of PTO tokens generates transaction-based revenue.
- P2P Lending Interest: Interest income generated from P2P lending where property NFTs serve as collateral. Lenders earn APY on loans extended to property owners. MEY token does not participate in the lending service.
- Staking Platform Fees / Token Burn: Staking rewards create circulation reduction through burn and buyback mechanisms — burning a portion of transaction fees reduces supply, creating deflationary dynamics. Platform benefits from increased token utility and demand.
- Platform Services (Meey Finance): Meey Finance (part of Meey Group) generates approximately $5 million in monthly revenue providing financial services including property verification, valuation, and custodial services for tokenized assets.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Residential Land PTO — 2000 tokens at 50 USDC each |
| Unit Pricing | Multi-year contract | Mey Staking — 4 tiered levels with increasing APR |
| Transaction based/ take rate | Pay-as-you-go | P2P Lending — collateralized by property NFTs |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels8 records
Mey Network product offering
Product offeringCore offering
Mey Network operates a blockchain-based tokenized real estate investment ecosystem that converts verified real estate held in Special Purpose Vehicles into fractional on-chain participation units via its proprietary Property Token Offering (PTO) standard. Users acquire PTO tokens for as little as $50, deploy them across the MeyFi DeFi layer for staking and peer-to-peer lending with NFT collateral, and trade them on the MeyFi marketplace, all settled on the purpose-built MeyChain Layer 1 blockchain with integrated KYC/AML compliance.
Product overview
Mey Network is a comprehensive blockchain-based tokenized real estate investment ecosystem comprising multiple integrated products and modules. The core platform combines Property Token Offering (PTO) technology with a purpose-built Layer 1 blockchain (MeyChain) to enable fractional ownership of verified real estate assets. The ecosystem is anchored by MeyFi, an integrated DeFi layer providing staking (Mey Staking), P2P lending with property-backed collateral, and a marketplace for trading tokenized real estate tokens. Supporting products include Mey Real for property tokenization, Mey Hub for gamified investor engagement, and Mey Land for gamified land ownership. The MEY Token serves as the native currency powering all ecosystem transactions, governance, and incentive mechanisms.
Differentiator
Problem solved
Functional benefit
Brands
- Mey Real: Real estate tokenization platform that converts premium properties into compliant digital tokens - built for platform accessibility from anywhere in the world.
- MeyFi
- MeyChain
- Mey Hub
- Mey Land
- MEY Passport
- Property Token Offering (PTO)
Products and services
- Mey Network Platform The flagship blockchain-based tokenized real estate investment platform enabling fractional property ownership through Property Token Offerings, DeFi services, and a purpose-built Layer 1 blockchain ecosystem.
- MeyFi The onchain financial layer of Mey Network enabling staking, peer-to-peer lending, and management of property participation tokens within a unified DeFi ecosystem.
- Mey Real The real estate tokenization platform that converts premium properties into compliant digital tokens for accessible on-chain property investment globally.
- Mey Hub A gamified engagement platform offering free MEY Investor Cards, priority access to tokenized property listings, ecosystem rewards, and governance rights for early contributors.
- Property Token Offering (PTO) The proprietary tokenization standard that converts verified real-world properties held in SPV legal structures into assignable on-chain participation units, enabling fractional ownership of real estate assets starting at $50 per token.
- MEY Token The native cryptocurrency token powering the Mey Network ecosystem, enabling transactions, governance participation, staking rewards across the platform with a 2.3B total supply and burn/buyback deflationary mechanism.
- Meey Finance Financial services arm of Meey Group providing property verification, valuation, and custodial oversight for tokenized real estate assets, generating approximately $5 million in monthly revenue.
Quantifiable outcome
- Tokenized real estate base rates range 4%–11% rental yield. With DeFi stacking (6% rental + 2% staking + 1.5% lending) = 9.5% total yield potential.
- +3 more outcomes
Companies that use Mey Network
Customer profileNamed customers2 records
Segments4 records
Ideal customer profiles4 records
Mey Network technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature7 records
Mey Network partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and minor.
- PwCcoreStrategic evaluation of business objectives and organizational restructuring. PwC provided strategic advisory services for Meey Group's business model evaluation and organizational restructuring completed in 2022. Supports compliance and operational best practices.
- AWS (Amazon Web Services)coreAWS provides cloud computing infrastructure powering platform performance and scalability for Mey Network and the broader Meey Group ecosystem. Core infrastructure partner for the tokenized real estate platform.
- BSI (British Standards Institution)coreBSI is the certification partner providing ISO 9001 (Quality Management) and ISO/IEC 27001 (Information Security Management) certifications for Meey Group. Represents independently verified operational and information security standards.
- MomominorPayment solutions and mini-app integration partnership. Momo's payment infrastructure integrated for platform transactions, enabling users to access services through Momo's super-app ecosystem in Vietnam.
- CertiKcoreSmart contract security auditing partner. CertiK provides blockchain security audits for Mey Network's smart contracts, ensuring security of tokenized real estate operations and DeFi protocols.
- QuillAuditcoreCode audit partner providing security audits for smart contracts and platform code. Part of the multi-audit security strategy alongside CertiK for the Mey Network ecosystem.
Scale indicators7 records
Recent moves6 records
Expansion highlights5 records
Mey Network competitors and assessment
Company assessmentDirect peers
- RealT: RealT operates a tokenized U.S. residential real estate marketplace that fractionalizes properties into ERC-20 tokens with daily rental distributions — the closest direct functional peer to Mey Network's PTO model.
- Estate Protocol: Estate Protocol builds DeFi infrastructure for tokenized real estate, including P2P lending against property collateral — directly overlapping with MeyFi's P2P lending module using NFT collateral.
- Propy: Propy provides blockchain-based real estate transaction infrastructure, including title recording and NFT-based property sales — comparable to Mey Network's on-chain property representation layer.
- Lofty AI: Lofty tokenizes single-family rental properties into fractional tokens with built-in marketplace liquidity and rental yield distribution, mirroring Mey Network's PTO structure and DeFi integration thesis.
- RedSwan CRE: RedSwan tokenizes institutional commercial real estate via SPV structures for accredited investors — directly comparable to Mey Network's institutional segment and SPV-based property tokenization.
- Parcl: Parcl offers tokenized real estate index exposure via synthetic assets on Solana, providing another fractional real estate onchain exposure mechanism similar to Mey's PTO marketplace.
Emerging players
- Bitfinex Securities: Bitfinex Securities tokenizes equity and debt instruments including real estate assets via blockchain, representing an emerging regulated venue comparable to Mey Network's PTO marketplace for secondary trading.
Broad incumbents
- Securitize: Securitize is the leading institutional-grade tokenization platform with deep compliance tooling (ERC-3643 — the same standard Mey uses), serving multiple asset classes including real estate and competing for the same institutional RWA pipeline.
- Tokeny: Tokeny offers a compliance-focused tokenization platform (T-REX / ERC-3643-based) for real-world assets — competing for the same institutional RWA issuer pipeline as Mey Network's PTO infrastructure.
- Polymath: Polymath is a tokenization platform originally built around the ERC-1400 security token standard, providing compliance infrastructure competing with Mey Network's regulatory stack for real estate token issuance.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Mey Network social profiles
Digital presenceMey Network compliance and trust
Trust signalCompliance2 records
Mey Network financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mey Network leadership team
Management profileNumber of profiles
Profiles1 record
Mey Network subsidiaries and ownership
Company hierarchySubsidiaries5 records
Mey Network funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mey Network M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mey Network
What does Mey Network do?
Mey Network operates a blockchain-based tokenized real estate investment ecosystem that converts verified real estate held in Special Purpose Vehicles into fractional on-chain participation units via its proprietary Property Token Offering (PTO) standard. Users acquire PTO tokens for as little as $50, deploy them across the MeyFi DeFi layer for staking and peer-to-peer lending with NFT collateral, and trade them on the MeyFi marketplace, all settled on the purpose-built MeyChain Layer 1 blockchain with integrated KYC/AML compliance.
Is Mey Network a public or private company?
Mey Network is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Mey Network founded?
Mey Network was founded in 2019. It employs 101 to 250 people.
Where is Mey Network based?
Mey Network is headquartered in Hanoi, Vietnam, in the Asia region.
How does Mey Network make money?
Five revenue lines are on record. PTO Transaction Fees are the primary driver. The others are marketplace Trading Fees, P2P Lending Interest, staking Platform Fees / Token Burn and platform Services (Meey Finance).
Who are Mey Network's main competitors?
Direct peers on record are RealT, Estate Protocol, Propy, Lofty AI, RedSwan CRE and Parcl. Bitfinex Securities is listed as an emerging player. Broad incumbents are Securitize, Tokeny and Polymath.
Does Mey Network have an API?
No public API is recorded for Mey Network.
What industry is Mey Network in?
Mey Network's product category is Real Estate Tokenization Platform. Its primary akta.pro industry code is FSADAEAC, Real Estate Tokenization Platforms, with a secondary code of FSAPAIAH, Compliance, Risk & RegTech for Tokenized Assets (KYC/AML, sanctions, travel rule, reporting). Its NAICS code is 52321 and its SIC code is 6200.