9/11/2023 0 Comments Red swan real estate blockchainReal estate is one of the largest alternative asset clas ses, with 3.1 trillion in assets under management. Jay, Brian, and Edward discuss the commercial real estate industry’s resistance to centralization and change and how blockchain technology can increase efficiency, reduce costs, and still. Commercial real estate marketplace RedSwan has tokenized 2.2 billion worth of property using Polymath technology, demonstrating the industry potential in digitizing assets on the blockchain. ![]() The current $2.2bn offering is made up of 16 Grade A commercial properties spread across the continental U.S. After twenty-two years in real estate, Edward grew fascinated with blockchain technology and founded RedSwan in 2018 when the SEC legalized tokenization. Houston, Texas Type Privately Held Founded 2018 Specialties Digital Assets, Tokenization, Fintech, Blockchain, CRE, commercial real estate, alternative investments, and capital markets. The product is targeted at investors who have between $500,000 and $10m million but not enough to buy a large piece of quality real estate. “Red Swan through tokenization makes it possible to invest in commercial real estate projects that are out of reach for private investors,” said the firm’s website, adding “this allows building owners to sell fractional ownership of their properties.” Headquarters Houston, Texas Type Privately Held Founded 2018 Specialties Digital Assets, Tokenization, Fintech, Blockchain, CRE, commercial real estate, alternative investments, and capital. RedSwan CRE (Commercial Real Estate) is a FinTech company working with all kinds of investors, but particularly focused on non-institutional investors or. Tokens will sit in a digital wallet operated by Prime Trust and are backed by $1bn in insurance. The money raised will be held in escrow before tokens are issued in April. The platform uses blockchain technology to track and store the tokens, which represent a fraction of a property-a real estate-backed digital security. The firm takes a percentage of the equity issued. Red Swan is running a pre-sale of $780m worth of tokens for potential investors. ![]() Photo of David Vivero, Partner at Red Swan Ventures. The New York City-based firm is working with tokenization platform Polymath and has a $4bn tokenization pipeline, according to its chief executive Ed Nwokedi. (Seed)Real Estate/PropTech (Pre-Seed)Real Estate/PropTech (Seed)Washington, D.C.Web3/Blockchain. 0:00 / 5:11 Red Swan Tokenizing Real Estate RedSwanCRE Nigeria 13 subscribers Subscribe 3 48 views 2 weeks ago Discover how Red Swan utilizes blockchain technology to fractionalize. ![]() Student Accommodation Conference & Awards.
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