Realecoin, a real estate fund built on the Ethereum blockchain, announced today plans to launch a new digital security designed to offer 24/7 liquidity to a traditionally illiquid investment vehicle. Realecoin is working on the offering in partnership with Securitize, a software compliance platform for issuing and managing digital securities including dividends, distributions, and share buy-backs on the blockchain.
Realecoin aims to address the challenges of liquidity and accessibility in the real estate industry through this offering. The Realecoin digital security, RC, will represent a fractional ownership interest in Realecoin, a diversified real estate fund.
Realecoin provides holders of cryptocurrencies, and other investors, the opportunity to buy into a fully compliant tokenized real estate fund that invests in multi-family assets and non-performing mortgage loans across the United States.
[perfectpullquote align=”full” bordertop=”false” cite=”Andy Strott, Co-Founder of Realecoin” link=”” color=”” class=”” size=””]”We at Realecoin have aimed to build a product that first and foremost benefits our investors. We have partnered with leading experts in the field in an effort to ensure a compliant, secure and successful product. With the help of Securitize, a pioneer in this industry, we plan to stay at the forefront of blockchain technology as this industry develops, always striving to implement its most advanced aspects for our investors.”[/perfectpullquote]
[perfectpullquote align=”full” bordertop=”false” cite=”Co-Founder and CEO of Securitize, Carlos Domingo” link=”” color=”” class=”” size=””]”Realecoin offers a unique investment opportunity through the tokenization of real estate assets, usually considered to be a very illiquid asset. The management team’s lengthy track record, alongside their commitment to regulatory compliance, makes this an exciting venture for Securitize.”[/perfectpullquote]