Propy’s Natalia Karayaneva and TechCrunch’s Michael Arrington (Credit: Getty Images, iStock) Blockchain-based real estate platform Propy enabled the $1.6 million sale of a San Francisco property by a venture capital fund co-founded by Michael Arrington, the firm announced. The traditional process to sell real estate is “arduous and broken,” said Arrington, a co-founder of online […]
Miami investor starts crypto platform for real estate investment
Remy Jacobson (Credit: LinkedIn) UPDATED, May 14, 9:15 a.m: Miami real estate investor Remy Jacobson is a cryptocurrency enthusiast. But when the Initial Coin Offering – the crypto equivalent of an IPO – craze came and ended at the start of 2018, Jacobson and his brother, Marc-Jean, wanted to create a way the average investor […]
SVN becomes first commercial brokerage to join blockchain-powered MLS
Kevin Maggiacomo, President and CEO of SVN International Corp. SVN International Corporation has partnered with imbrex, the blockchain-powered multiple listing service, making it the first commercial brokerage to store its data on the blockchain. Blockchain is a digital data storage platform and transaction ledger that uses encryption and a decentralized network of servers to store […]
Don Wilson’s plan to sell stakes in South Carolina property via digital token offering falls apart
Don Wilson (Credit: LinkedIn, iStock) A Chicago trader’s plan to use digital tokens to sell equity in a South Carolina student housing complex has fallen apart. Don Wilson’s Convexity Properties planned to set up a REIT to sell ownership stakes in the Hub at Columbia building in the form of tokens issued by Convexity and […]
Prop trade blockchain startup gets backing from banks
RBS CEO Ross McEwan and Barclays CEO Jes Staley The Bitcoin bubble seems to be inflating and deflating each month, but some major banks are more certain about the future of blockchain, especially when it comes to real estate transactions. Barclays and Royal Bank of Scotland Group are among 40 companies that have signed on […]
This blockchain-based real estate startup just raised $3.1M
RealBlocks founder Perrin Quarshie (Credit: Twitter) Crypto’s no longer white-hot, but its underlying blockchain technology continues to attract investors. RealBlocks, a blockchain-based startup for real estate fundraising and investing, just snagged $3.1 million in seed funding. The round was led by Science Inc. — and other investors included Morgan Creek Capital, Zelkova Ventures, Ulu Ventures […]