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tZERO and Tezos Foundation tokenize British real estate worth £ 500 million

Overstock and the Tezos Foundation tZERO security token platform over the next few years plans to tokenize real estate in the UK with a total value of £ 500 million (about $ 643 million). 1 / We are thrilled to work with @tzeroblockchain, @allianceinv, and Megalodon to tokenize £ 500m of real estate assets across the UK on @tezos over the next several years. # Tezoshttps: //t.co/rpwYq4Wf9F – Tezos [… ]

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Overstock and the Tezos Foundation tZERO security token platform over the next few years plans to tokenize real estate in the UK with a total value of £ 500 million (about $ 643 million).

“Compared to traditional financing, raising funds through STO is a more efficient, less costly, autonomous and democratic way. We believe that we are ahead of the rest in terms of technological changes that can drastically change the existing funding paradigm , ” said Rani Zar, IT director of the British company Alliance Investments, also participating in the project.

The first offer of tokens is scheduled for the first quarter of next year. At this stage, tZERO will release security assets corresponding to real estate in Manchester worth £ 20 million.

The Tezos protocol will serve as the underlying infrastructure for the “issuance, transfer and storage of digital assets” and the deployment of smart contracts. The assets will be available on the secondary market of PRO Securities, which is an alternative trading system of the tZERO unit registered in the SEC.

Other real estate, including residential and commercial properties, will be tokenized within a few years.

Earlier, BlockchainJournal reported that Elevated Returns plans to use Tezos to tokenize real estate worth $ 1 billion.

We also recall that Tezos recently activated the Babylon 2.0 update , which changes the network consensus algorithm, the functionality of smart contracts and the control mechanism.

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Celsius Acusado de Ofrecer Valores No Registrados

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Celsius Acusado de Ofrecer Valores No Registrados

El Departamento de Protección e Innovación Financiera de California (DFPI) ha emitido una orden de desistimiento y abstención contra Celsius. Como tal, el prestamista de criptomonedas en quiebra no podrá continuar con la venta y comercialización de valores en el estado de California.

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Gate Technology Ltd. Amplía sus Servicios a Malta

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Gate Technology Ltd. Amplía sus Servicios a Malta

Gate.io Group informó que su filial con sede en Malta, Gate Technology Ltd., ha adquirido una licencia en Malta para ser un proveedor de servicios de activos financieros virtuales (VFA). Ahora puede establecer un Exchange de VFA y proporcionar servicios de custodia en o desde Malta bajo el nombre de Gate Malta. Desde entonces, el Grupo también ha comenzado a ampliar su equipo para adaptarse mejor al mercado local.

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Australia Considera que las Criptomonedas son un «Fuerte Caso a Regular»

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Australia Considera que las Criptomonedas son un "Fuerte Caso a Regular"

En la segunda mitad de 2021, se descubrió que un porcentaje considerable de inversores australianos poseía criptomonedas. Sorprendentemente, en lugar de consultar con asesores financieros profesionales, muchos inversores minoristas aprendieron a invertir a través de vídeos de YouTube. El jueves, el organismo de control consideró el escenario un argumento convincente para la supervisión.

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