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.
“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.”
Andy Strott, Co-Founder of Realecoin
“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.”
Co-Founder and CEO of Securitize, Carlos Domingo