Sunday , November 29 2020

Important transaction in the cryptocurrency market: Morgan Creek invests $ 3 million in the RealBlocks project.

The Morgan Creek Digital Asset Management Agency Fund has invested $ 3.1 million in RealBlocks, a real estate tokenization specialist.

The round of financing was led by Science Inc. and it invests in early-stage projects. Zelkova Ventures, Ulu Ventures and Cross Culture Ventures also participated in this round.

According to Perrin Quarshi, CEO and founder of RealBlocks, the fund will contribute to accelerating platform development.

RealBlocks is an Ethereum-based platform that allows companies to raise their capital through tokenized securities. Investors can acquire real estate using decryption and money. This platform provides investors with private investment proposals for real estate located throughout the world.

According to Morgan Creek Digital, founder and partner of Anthony Pompiano, "All stocks, bonds, currencies and commodities will be tokenized in the future." He said his company was the main reason for supporting RealBlocks.

Last month, remember that Morgan Creek Digital, Susquehanna, Akuna Capital, Galaxy Digital and Fidelity invested $ 4 million in BlockFi, which offers cryptocurrency loans in US dollars.

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