CBL & Associates Properties (Reality Tokenized)rCBL
CBL & Associates Properties (Reality Tokenized) (rCBL) is a tokenized exposure to CBL & Associates Properties, Inc. issued by Reality through BG El Salvador, S.A. de C.V. and distributed through BG El Salvador, S.A. de C.V. with Alpaca Securities LLC as broker. The underlying security is listed in the real estate sector in North America. Each token tracks one underlying share, entitles holders to dividends, which are distributed in cash, and carries no voting rights. The token is a synthetic instrument that provides contractual exposure to the reference asset. Retail investors and institutions worldwide can mint and redeem directly with Reality after completing KYC. Residents of the United States, El Salvador, and jurisdictions under applicable sanctions cannot mint or redeem with Reality. BG El Salvador, S.A. de C.V. is incorporated in El Salvador and is offered under an SEC Regulation S exemption. Holder terms are governed by the law of Hong Kong. rCBL is native to Arbitrum One as an ERC-20 token.