![]() As a regulated entity, Coinbase Custody is subject to the same scrutiny and capital standards as well-known custodians of traditional assets such as State Street and Bank of New York Mellon. ![]() What is lesser known is that Coinbase also has an institutional grade, New York stated regulated custodial business, which is whom we have partnered with. Launched in 2012, Coinbase today has more than 35 million retail investors globally that use it to trade crypto. In addition to core custody, Coinbase will be providing other value-added services to help us grow.Ĭoinbase is probably familiar to many of you with experience trading cryptocurrencies such as Bitcoin and Ether. By having the tokens reside in a walled garden with RedSwan CRE maintaining ownership data, RedSwan CRE can easily communicate important information to investors, distribute property updates and financial statements, and direct the quarterly (or monthly) income to securities holders. Coinbase will be serving as the central, secure vault for all our current and future CRE-backed tokens. This is where our key partner Coinbase comes into play. As these securities get issued and later change hands in the secondary market, RedSwan CRE maintains an ownership record trail for each token’s entire life cycle. This means that all the CRE-backed digital securities are held in a single vault. RedSwan CRE functions as its own registrar and transfer agent. ![]() With real estate on blockchain, minimum investment amounts for primary issuance can be as small as a few thousands of dollars. With RedSwan CRE, subject to any initial legal holding period requirements, an investor in a CRE building can now securely buy and sell his/her ownership portion, represented as digital tokens, potentially in seconds. ![]() RedSwan CRE is helping real estate sponsors/owners raise equity capital from accredited investors in the US under Reg D and foreign investors under Reg S. Please click here for the original press release about our company’s real estate on Blockchain.Īs I mentioned in my inaugural Medium post, we are using blockchain tech to digitize equity limited partnership shares of Class A CRE, making large buildings more tradeable, liquid, and affordable. Last Friday was an exciting day as our company RedSwan CRE formally announced a partnership with Coinbase to accelerate adoption of blockchain digital securities backed by commercial real estate. Real Estate on Blockchain with RedSwan CRE and Coinbase ![]()
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