PGIM Real Estate has hired Stephanie Wiggins as managing director and head of production for its agency lending platform, responsible for oversight of the firm’s originations for Fannie Mae, Freddie Mac, FHA, and Affordable multifamily loans.
SolidBlock, a smart contract development and management platform for transforming real estate into digital shares that can be traded, is working with Blue Horizon to tokenise The Beachfront hotel in Phuket, managed under the Best Western Plus brand.
SolidBlock is to list its real estate-based security tokens on the INX securities trading platform. Each listed token class will be backed by either a single property or a collection of properties from SolidBlock’s exclusive portfolio of real estate assets.
UK tech startup EWO place has unveiled the first real estate crypto reward system. Designed around blockchain’s staking concept, EWO rewards property subscribers while making rents fairer for the local community.
London Chelsea Limited is partnering with SolidBlock, a digital securities issuance and trading platform, to raise financing for London Digital Bond, a new property fund that invests in prime residential real estate.
Latin American investment bank Banco BTG Pactual, together with Dubai-based asset manager Dalma Capital, are to utilise the Tezos blockchain for security token offerings (STOs), including the ongoing REITBZ STO.
Brickblock Digital Services has launchedScalingFunds, a funds- as-a-service white label product that leverages blockchain technology to help fund managers automate investor onboarding, efficiently communicate with investors, and enable the trade or transfer of fund shares between eligible investors.
Ogier has advised long-standing client BTG Pactual on its first security token offering (STO) known as ReitBZ. The token will be backed by distressed real estate assets.
By Nicholas Cooper & Dr Hartmut Neff (pictured), Crypto Fund – The addition of crypto assets to the investment portfolio is on the rise among professional and institutional investors. What makes this move increasingly interesting for institutional investors? Swiss-based Crypto Fund AG, a subsidiary of Crypto Finance AG, explores the market with the advent of regulated business partners and crypto asset technology breakthroughs.
Swisscom Blockchain AG, a joint venture between ex Ernst & Young executives and Swisscom, the Swiss communications giant, have launched their new Digital Asset Custody solution into the global Financial Institution market place.