Asset Managers · Investment news · Fintech

Tokenised real estate project plows ahead with a guarantee

Georges Spanier, CEO RMS Immobilière, Maroun Altekly and Raphael Scheuren, BlocHome

BlocHome, a Luxembourg blockchain real estate investment platform, has arranged a guarantee that will allow it to finance the first security token-based residential project in Europe, an eight million euro housing project in Luxembourg known as the "Clapton Residence", without waiting for further fund-raising. The guarantee was arranged after the firms's first project attracted 2.15 million euros in tokenised investments from 280 investors.

Register or log in to continue reading. Investment Officer is an independent journalism platform for professionals working in the Luxembourg investment industry.

A subscription is free for professionals working at banks and independent asset managers.