TAP Real Estate Technologies (formerly HUMBL) is an early-stage company with no meaningful operating history, pursuing residential, commercial, and hospitality real estate acquisition and blockchain-based tokenization. The company completed a full corporate rebrand in early 2026 after selling its prior fintech assets, and had just one employee as of December 31, 2025. TAP Real Estate's core strategy is to acquire properties, structure them into tokenized investment vehicles — similar to mini-SPVs — and distribute fractional ownership interests to investors through a platform called TAP Invest. TAP Real Estate licenses its technology platform from TAP, a separate private company that holds the underlying patents and infrastructure. The platform includes tools for converting real estate holdings into blockchain-based tokens, automating distributions and governance via smart contracts, and providing an investor-facing wallet and registry. TAP Real Estate plans to generate revenue through management fees, listing fees, and success fees on tokenized offerings, as well as balance sheet appreciation from directly owned properties — a blend of a real estate holding company and a marketplace business. As of the filing date, no revenue-generating operations are in place, and the company has raised just $500K in initial capital. The company has authorized 85 billion common shares, reflecting a highly dilutive capital structure typical of micro-cap companies in transition.