Quarter Homes launches tokenized home equity platform on Hedera RealEstate tokenization blockchain
- Real estate has often been identified as a sector ripe for the integration of blockchain technology. Now Quarter Inc., the first owner-occupied fractional equity home funding program and technology platform in the U.S., is looking to establish itself as a leader in the field with the launch of tokenized home equity via the TOKO asset tokenization engine.
“This investment capital was minted into the Quarter Asset token - a smart contract representing proportional ownership of the home and rights to a monthly fee,” the release said. “The Quarter HPI token will represent future appreciation of the home.” “The Quarter tokenization project is exciting and one of our favorites as it represents tradable investment securities backed by the largest, and most stable, asset class on earth – owner-occupied homes,” said Scott Thiel, the founder of TOKO. “Investors will have the option to buy, trade, and sell tiny, passive positions of homes on the Quarter network as an alternative to active, whole home investment.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
‘Hoping and praying’: Halifax wildfire evacuees wait for word on their homes | Globalnews.caAn estimated 200 structures have been destroyed by the wildfire so far that's burning in the Tantallon and Hammonds Plains areas of Halifax, including 150 homes.
Read more »
Municipality says early estimate is 200 homes or structures damaged in N.S. fireHALIFAX — The Halifax Regional Municipality says preliminary estimates indicate approximately 200 homes or structures have been damaged by a wildfire that’s…
Read more »
151 homes destroyed in N.S. wildfireOfficials in an update say over 200 structures have been destroyed by a out of control wildfire that began in N.S. on Sunday.
Read more »
Statistics Canada to release GDP figures for the first quarter of 2023 todayStatistics Canada is set to release today its latest reading on how the economy fared in March, as well as for the first quarter of the year.
Read more »
Statistics Canada to release GDP figures for the first quarter of 2023 today - BNN BloombergStatistics Canada is set to release today its latest reading on how the economy fared in March, as well as for the first quarter of the year.
Read more »
National Bank profit slides as economic gloom weighs on second-quarter earningsNational Bank of Canada narrowly missed analysts’ profit forecasts amid higher costs, rising reserves for potential loan losses
Read more »