LABS Group Status 2026: LABS Token, Staynex and RWA Claims

What is the status of LABS Group in 2026?

LABS Group still has a live official website and a LABS token on BNB Chain, but the project did not develop exactly as the original article anticipated. Its public communications shifted toward hospitality and real-world assets (RWAs), the token contract changed after a security incident, the original domain was replaced, and the related Staynex travel business became an independent company.

The original article below described LABS Group's proposed model. It should not be read as proof that every feature—such as a global property marketplace, 24-hour securities trading, a stable token, a security token or collateralized real-estate lending—launched or remains available.

Item	Verified status	Important limitation
Official website	labs.solutions is live. LABS said in September 2024 that it moved from labsgroup.io because of unresolved matters involving previous leadership.	The old labsgroup.io address no longer resolves, so old links and documents on that domain should not be trusted or used.
LABS token	The current contract published after the 2023 migration is 0x510Ca7D22A84599e7d0f15F09E674056a6255389 on BNB Chain.	The earlier Ethereum contract and pre-migration BNB assets are not the current token. Always verify the chain and full address.
Real-estate activity	LABS said its Real Estate Digitisation Fund (REDF) paid first-year profits in 2023 and announced a second distribution for eligible contributors in 2024.	Those are issuer statements, not independent proof of a broad, liquid real-estate exchange or of returns available to new investors.
RWA platform	In September 2024, the founder said LABS had agreed with a Singapore hotel group to tokenize a property and planned an improved RWA platform.	The announcement said details would follow. We did not find public documentation establishing that the proposed property tokenization or full platform subsequently launched.
Staynex relationship	LABS Club was renamed Staynex in 2022. LABS later described Staynex as an ecosystem partner and an independent company with its own team and funding.	Staynex is not simply a replacement name for the entire LABS Group, and STAY is a separate token from LABS.
LABS staking and STAY rewards	LABS said the LABS/STAY swap was suspended in September 2024 and new LABS-to-STAY staking was suspended in December 2024. A special swap offer was announced in June 2025.	Do not assume an old dashboard, staking pool, conversion rate or claim link is still valid. Confirm current terms directly with both projects.

What happened to the LABS token?

LABS originally existed as an Ethereum token and later moved toward BNB Chain. On 7 March 2023, the team disclosed a security issue in a vault, “unauthorized movements” of tokens and an inability to retrieve tokens held in a vault undergoing liquidation. It announced a new BNB Chain contract and a 1:1 airdrop for eligible holders. Gate and BitMart subsequently confirmed the migration to the contract shown above.

This history creates a practical counterfeit and recovery risk. A token bearing the LABS name or ticker is not enough to identify the current asset. Users should not send funds to the retired Ethereum contract, add an address from an old article, or pay anyone who promises to “recover,” bridge or upgrade legacy tokens. Exchange support for a 2023 migration also does not guarantee that a venue supports LABS today.

Is Staynex the same project as LABS Group?

No. LABS Group renamed its LABS Club travel product to Staynex in December 2022, which explains why older announcements closely connect the brands. In a September 2024 founder letter, however, LABS explicitly called Staynex “an independent project and company” with its own team and funding.

Staynex now operates a travel and membership business and launched its separate STAY token on BNB Chain in 2026. That later launch does not automatically convert LABS into STAY or give every LABS holder rights in Staynex. Any conversion depends on the terms, eligibility, deadlines and verification procedures of a specific offer.

Were the original real-estate claims delivered?

There is evidence that LABS offered real-estate-related products, including REDF and Owner's Circle NFTs, and that it published notices about profit distributions and NFT buybacks. That is narrower than the end-to-end market described in the archived article. During this review, we did not find current public documentation demonstrating:

• a continuously available marketplace containing a diversified global portfolio of tokenized properties;
• a regulated exchange providing unrestricted, non-stop trading in LABS-issued real-estate securities;
• the proposed “LABS stable token” and “LABS security token” lending system;
• automatic legal title to property merely from holding LABS; or
• guaranteed liquidity, dividends, staking profit or collateralized loans for ordinary LABS holders.

The absence of public evidence is not proof that no private or limited transaction occurred. It means readers should treat the original feature descriptions as a historical vision unless the issuer supplies current offering documents, property records, audited financial information and working product access.

Corrections and context for the original article

• Publicly traded REITs are not limited to “deep-pocketed” investors; many can be bought one share at a time through ordinary brokerage accounts.
• Buying a utility token does not by itself provide title to a building, equity in a property-owning company, rental income, voting rights or a redemption claim.
• A tokenized security remains subject to applicable securities and property law. Blockchain format does not remove registration, transfer, custody or jurisdictional requirements.
• Tokenization can make transfers technically possible at any hour, but legal transfer restrictions, venue hours, whitelisting, settlement rules and low market depth can still prevent 24/7 liquidity.
• Lower transaction costs, global access and faster dividends are possible design goals, not guaranteed outcomes.
• Real estate is not a guaranteed store of value. Prices, rents, occupancy, financing costs, taxes and maintenance expenses can all move against investors.
• The original conclusion presented planned functionality too definitively. The current public record supports a more cautious distinction between announced products, issuer-reported distributions and independently verifiable operations.

How to evaluate a tokenized real-estate offer

The U.S. SEC's January 2026 staff statement explains why the legal structure matters: tokenized securities can be issuer-sponsored or created by a third party, and the rights attached to the token may differ materially from rights in the underlying security. Other countries apply their own rules.

• Identify the legal issuer, property owner, special-purpose vehicle, governing law and regulator—not only the token brand.
• Read the offering memorandum and ownership register to learn whether the token represents equity, debt, a contractual entitlement, a membership benefit or only platform utility.
• Verify the property address, title, valuation, liens, debt, insurance, operator, fees and who receives rent.
• Check investor eligibility, transfer restrictions, redemption mechanics, insolvency priority, custody and what happens if the website disappears.
• Confirm the full contract address through multiple official sources and inspect holder concentration, liquidity and privileged contract controls.
• Do not treat a projected yield, “guaranteed” return, buyback, APY or token price-support mechanism as cash already earned.
• Use independent legal, tax and financial advice before buying a property-linked token or signing a contribution agreement.

Original LABS Group article (historical archive)

The article below is preserved substantially as originally published. Its present-tense product claims, old domain and comparison with REITs are corrected and contextualized above.

LABS Group aims to realise everyone’s dream of real estate ownership through fractionalising real estate investments.

Traditionally, entry into the real estate industry requires a substantial investment due to the indivisibility of assets. Consequently, small investors find this asset class completely out of their reach.

Among the few platforms trying a stab at bringing real estate to the masses is LABS Group. Through its ecosystem token and utilising decentralised finance (DeFi) and governance, its mission is to intelligently blend the centralized and the decentralized worlds of real estate to improve its liquidity.

Check out our interview with Chairman Mahesh Harilela (or listen to the podcast).

YouTube video

Play videoWatch on YouTube

Background

Mahesh Harilela, is the Company’s Chairman. Mahesh comes from one of the most prominent families in Hong Kong, which owns 19 hotel properties worldwide through the Harilela Group. Mahesh himself has certainly inherited the family’s entrepreneurial spirit and is involved in Trading, Brand Development, Renewable Energy Infrastructure, Agriculture and Education. He is also Chairman of the Board and CEO of M. Harilela Global Investments Ltd and Asia CBD Pte Ltd.

What is Labs?

LABS is a leading blockchain-based ecosystem for real estate investments. The platform seeks to bring more people into the space by fractionalizing investments. Compared with other legacy modes of investing in the real estate space like private equity funds, REITs, and direct investment, LABS emerges as the winner.

For instance, it ticks crucial boxes such as low fees, governance, ownership, staking for profit, tradable, among others.

Critical issues the protocol is trying to solve include:

1. Costly entry and exit prices – Currently, the median entry price into the ecosystem is high. The cost rises as you enter into big cities. Apart from entry points, exit costs are driven through the roof by third parties such as agencies.
2. Eradicate reliance on Real Estate Investment Trusts (REITs) – Although they allow pooled investments, they are majorly open to deep-pocketed individuals.
3. Complicated access to a global network – International property ownership is a nightmare in the current state of the real estate industry.
4. Low Liquidity – The traditional real estate market restricts investors from selling to the local market due to low liquidity.
5. High fees – The fees range from taxes, agent fees, and transaction fees that introduce inefficiencies in the conventional market.

How Labs Tackles the Above Problems

Labs uses different approaches to solve key issues plaguing the traditional real estate industry permanently. These are:

Crowdfunding

The project believes in fractionalizing real estate assets, making it possible for multiple investors to put their money in the same assets by reducing the entry costs. Additionally, it minimizes the need for investors to stretch their cash reserves unnecessarily. In doing so, it reduces the risks of losing a lot of money.

Powering a Global Portfolio

With digitization, the project removes the global barrier. Consequently, it provides investors with a chance to have a global portfolio of real estate assets. This lowers the risks for investors. Apart from enabling them to build a global portfolio, the digitization process enables investors to mimic traditional asset features like a store of value.

Caters to Investors Diverse Appetites

Labs enables investors to choose between different types of assets in the industry. For example, they can select residential, commercial, industrial, or hybrid and still choose their preferred location, risk levels, and ROI.

It Brings Blockchain and Digitization Together

By digitizing real-world assets, the project opens them up to trading on virtual exchanges that have no geographical limitations nor opening/closing times.

Extra benefits

Other benefits birthed by the project are:

1. Interaction with the DeFi scene and enabling decentralized governance.
2. Ability to trade real estate securities.
3. Faster and direct dividends payments
4. Reduced and enhanced transactions.

Liquidity Provision On the Labs Network

1. Tokenization – This helps power an asset-backed token ecosystem that lives on the blockchain enabling other activities such as over-the-counter trading and token swapping.
2. Trading on the secondary market – Trading of Labs’ securities leverages recognized exchanges. Note that when shares are tokenized, they are traded on a securities exchange. Such asset trading platforms enable enhanced non-stop trading, positively impacting investors’ entry and exit points.
3. Lending – Labs facilitates lending activities on the platform using two native assets; the Labs stable token, the Labs security token (more on these later). The protocol uses these tokens to address the liquidity problem by allowing their holders to engage in collateralized lending.

Conclusion

By fractionalizing real estate assets, Labs eases the entry of retail investors into the industry. Consequently, it increases liquidity. Another critical Labs undertaking is digitizing these assets, effectively connecting the real estate market to the DeFi world.

In return, it opens up the space to more possibilities such as collateralized lending, over-the-counter trading, and swapping. Additionally, the inclusion of the LABS token drives community governance that is a crucial pillar in DeFi-focused protocols.

Frequently asked questions

Sources

• LABS Group's current official website
• LABS Group's March 2023 security and token-migration announcement
• Gate confirmation of the 1:1 LABS migration and new BNB Chain contract
• BitMart confirmation that the LABS contract swap completed
• LABS Group's September 2024 domain move and swap notice
• LABS Group's December 2024 staking suspension notice
• September 2024 founder letter on LABS, Staynex and the proposed RWA platform
• LABS Group REDF 2024 profit-distribution notice
• LABS Club's December 2022 rebrand to Staynex
• Staynex's official STAY token page and separate contract
• SEC staff statement on tokenized-securities structures and holder rights, January 2026

Disclaimer: Cryptocurrency trading involves significant risks and may result in the loss of your capital. You should carefully consider whether trading cryptocurrencies is right for you in light of your financial condition and ability to bear financial risks. Cryptocurrency prices are highly volatile and can fluctuate widely in a short period of time. As such, trading cryptocurrencies may not be suitable for everyone. Additionally, storing cryptocurrencies on a centralized exchange carries inherent risks, including the potential for loss due to hacking, exchange collapse, or other security breaches. We strongly advise that you seek independent professional advice before engaging in any cryptocurrency trading activities and carefully consider the security measures in place when choosing or storing your cryptocurrencies on a cryptocurrency exchange.