Welcome to our monthly review.

October progressed in much the same way as August and September as we continued aligning all of the components required to facilitate the sale of our first client’s tokenized real estate investment.

Over the past month we secured two key partnerships in achieving this goal, finalized the legal structure of the investment, and clearly defined the investor process.

Furthermore, we continued to host presentations and attend events around in world with the aim of fostering partnerships with clients to offer tokenized investment opportunities through Brickblock in the near future.

Partnering with JTC for the first investment offering on the blockchain

We are partnering with global fund and wealth service provider JTC to facilitate select investments in cooperation with our real estate clients. JTC’s role is to act as the legal custodian of shares issued by the asset provider. Additionally, JTC is also responsible for holding investors’ funds in escrow and clearing eligible investors, as well as providing administration services to the structure of our clients’ offerings. Furthermore, the company will sit on the board that manages select real estate assets provided by our clients. Read full details of the partnership here.

Our first collaboration with JTC involves Hillview Homes Limited, provider of the Holt Hill investment. You’ll find further details of the investment in the next section.

First offering: Holt Hill

The first investment offering, on behalf of our client Hillview Homes, is Holt Hill, a 50-unit residential property in Birkenhead, United Kingdom. We have spent the last weeks optimizing the investor process — who can participate, how to contribute, which steps are required pre- and post-funding — to deliver on our goal of providing the most accessible, efficient, and secure investment flow.

You can find a preview of the Holt Hill investment on the Brickblock Portal.

Partnering with solarisBank to offer a state-of-the-art AML/KYC process

Regulations require that we thoroughly verify the identity of all investors who wish to participate in our clients’ investment offerings. That’s why we’ve partnered with solarisBank to conduct a state-of-the-art AML/KYC (“Anti-Money Laundering”/”Know Your Customer”) check before investors are cleared.

When an investor is cleared, their associated Ethereum address is kept on a whitelist on the blockchain. Only whitelisted Ethereum addresses — that is, investors who have successfully passed the AML/KYC process — are able to receive and trade their share of a tokenized investment. This ensures regulatory compliance throughout the lifecycle of each share that is issued.

TechCrunch names Brickblock a ‘Top Pick’ for Disrupt

Brickblock was chosen as a ‘Top Pick’ in the blockchain category for this year’s highly anticipated Disrupt Berlin event. Disrupt is one of the tech industry’s most renowned events and will bring together some of the most innovative movers and shakers from the German capital and beyond.

Brickblock awarded ‘Best Startup’ in Barcelona

On October 26th, Brickblock was named ‘Best Startup’ at Barcelona Meeting Point’s annual real estate conference, one of the most premier events of its kind in Spain. More than 1,000 startups applied for the prestigious competition.

New ethos, new look