QuantmRe Launches Security Token Backed by Property Assets By Cryptovest

QuantmRe Launches Security Token Backed by Property Assets

CryptocurrencyDec 12, 2018 12:01PM ET

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QuantmRe Launches Security Token Backed by Property Assets

QuantmRe, which operates a blockchain-based real estate trading platform, announced on Tuesday the launch of the EQRE security token, which allows qualified investors to get exposure to fractional equity interests that focus on US residential properties. The diversified pool of fractional interests ensures a high degree of liquidity in this US property asset class, which has been hardly touched until today and which totals $31.8 Trillion.

The security token will be distributed in collaboration with Prime Trust, which will store the digital assets on behalf of investors and will monitor compliance with anti-money laundering (AML) and know-your-customer (KYC) rules.

The funds raised will ...

This article appeared first on Cryptovest

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QuantmRe Launches Security Token Backed by Property Assets

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