QuantmRE, a membership-based, patent-pending fractionalized real estate trading platform powered by blockchain technologies, has announced the launch of EQRE, a securities token that enables qualifying members to invest into a diversified pool of fractional equity interests in single-family homes in the US, creating liquidity in a previously untapped $31.8 trillion US-based real estate asset class.
The funds from the sale of EQRE securities tokens will be used to invest in instruments designed to assist Americans in unlocking the equity they have built up in their homes, without additional debt, interest or monthly payments.
In addition, QuantmRE’s partnership with Prime Trust enables investors to buy EQRE securities tokens without the need for their own digital wallet – Prime Trust acts as the regulated and insured custodian for these digital assets and is able to hold digital assets such as EQRE on behalf of the investor.
Under the terms of the equity agreements, when a homeowner decides to sell their home, QuantmRE receives its original investment amount back plus as a share of the potential increase in the value of the property. Unlike taking on more debt, the arrangement with QuantmRE is a partnership where both parties share in the upside and potential downside, and the homeowner is free to spend the money on whatever they wish.
“EQRE is a securities token that we believe Wall Street could love. We’re creating a securities token tied to a unique class of real estate assets that can be attractive to institutions as well as small investors who want to dip a toe into crypto and real-estate assets at the same time. There is a low initial investment threshold and the tokens will have intrinsic value as they will represent ownership in a diversified pool of US-based real estate assets. By enabling people to make the equity in their homes liquid, without taking on debt, we are turning ‘home-owers’ who are carrying a mortgage, into homeowners. As well as helping homeowners release equity, QuantmRE makes it possible for ordinary people to invest in this unique real estate asset class. We are re-imagining the way homes are financed, while at the same time bringing much-needed transparency and intrinsic value to the tokenized economy.”