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The institutional digital badet manager, Morgan Creek Digital, has funded a $ 3.1 million fundraising for the real-estate start-up symbolized RealBlocks.
In announcing the new Friday, RealBlocks said the funding was led by start-up investment firm Science Inc., while other investors included Zelkova Ventures, Ulu Ventures and Cross Culture Ventures.
The founder and CEO of RealBlocks, Perrin Quarshie, explained in the announcement that the investment would help the company accelerate the development of its platform.
RealBlocks is an Ethereum-based real estate platform that allows companies to raise capital with symbolic values, while investors can also buy real estate directly using both cryptos and fiat money. The platform also offers investors access to private equity fund offerings worldwide using fiat or cryptocurrency, according to Friday's announcement.
Anthony Pompliano, founder and partner of Morgan Creek Digital, said the main reason the company had invested in RealBlock was that its fundamental belief was that "every stock, bond, currency and commodity will be segmented at the same time. to come up."
Science Inc co-founder and CEO Greg Gilman said the real estate market, like other badet clbades, will be "more and more data-driven and digitized."
Last month, Morgan Creek Digital also participated in a $ 4 million investment round by BlockFi, a start-up offering US dollar loans against a crypto guarantee.
Image in US dollars via Shutterstock
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