Abstract: The present invention establishes an online market place bringing together owners, developers/operators, trustees, associations, and management companies of redeemable assets. Through an asset converter, redeemable assets are evaluated online or offline according to a points-based system and the value of assets are converted to digital tokens before trading takes place. A separate and independent asset validator that is linked to the asset converter, asset management companies as well as asset developers/operators acts as a caretaker in verifying the status of ownership of assets and ensures the delivery, receipt and utilization rights of the assets. Digital tokens are indicia of the value of redeemable assets and may be spent only within the market place of the present invention. As such, trading and exchange of redeemable assets among different classes and types are carried out virtually, transparently and securely.