Realecoin Launches Security Token with Support of Securitize

Realecoin™, a real estate fund developed on Ethereum, announced on Wednesday the launch of a new blockchain-based security token meant to provide non-stop liquidity to investment vehicles that are generally known to be illiquid. The company is conducting a security token offering in collaboration with Securitize, a compliance platform operator aimed at tokenizing securities and other real-world assets.

The rationale behind Realecoin’s move is to fix the liquidity and accessibility barriers in the property market. The Realecoin digital security, shortly referred to as RC™, gives holders a fractional equity ownership interest in the company’s diversified property fund.

Realecoin allows cryptocurrency holders, as well as regular investors, to buy security t…

This article appeared first on Cryptovest

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