RealBlocks raises $3.1M to offer tokenized real estate investments

RealBlocks, a blockchain-based real estate platform, raised $3.1M in a seed round backed by investors including Morgan Creek Digital, Science Inc, Zelkova Ventures, Ulu Ventures, and Cross Culture Ventures. RealBlocks provides investors with access to global real estate investment opportunities and enables firms to raise capital through tokenized real estate securities offerings.

When purchasing shares on RealBlocks, investors receive asset-backed tokens representing ownership of an offering. Investors can trade these tokens through RealBlock’s peer-to-peer marketplace with other investors globally.

Original source
https://www.theblockcrypto.com/tiny/realblocks-raises-3-1m-to-offer-tokenized-real-estate-investments/

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