tZERO Joins with ROI to Tokenize Dubai Real Estate
tZERO has partnered with
ROI Group, a real estate development company, to digitize up to $50 million of preferred equity in a luxury hotel and residential development located in downtown Dubai, according to a release. The tokenization will utilize the Tezos Blockchain.
This is said to be the first digital security project for the New York-based Roi Group. The company is said to hold billions of dollars in assets under management.
The digital security will use tZERO’s smart contract technology and Megalodon’s management consultancy services. ROI Group says it expects to issue the digital securities in Q3 of 2021, and the development of the building is expected to be completed in Q4 of 2023. The digital security should become tradable on the tZero ATS.
People Have Spent More Than $230 Million Buying and Trading Digital Collectibles of NBA Highlights
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People Have Spent More Than $230 Million Buying and Trading Digital Collectibles of NBA Highlights
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The partnership will allow TokenSoft s clients to issue blockchain-based securities.
These securities will then be traded on tZERO s platform, available for retail and accredited investors.
TokenSoft recently decided to bring a new functionality that should make trading more interesting for retail and accredited investors alike. The company announced that it will allow customers various firms to issue security tokens.
TokenSoft’s clients will be able to issue blockchain-based securities
Essentially, TokenSoft will allow the issuance of digital securities which will then be able to trade on tZERO’s ATS (Alternative Trading System). This can include anything, from shares of companies to real-estate investments in their tokenized form, and more.
How DJT Lost the White House, Chapter 1: All the President s Teams (11/3/12/23)
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TOPICS: This is another eyewitness testimony of how the Stop the Steal campaign fell apart due to lack of unity and organization on the ground and Rudy s overbearing determination to do it his way. Sad that they exiled Sidney Powell since she was way better organized than America s Mayor and she had a better grasp of the technical issues involved and was willing to listen to advice from knowledgeable experts.
Heartbreaking because we could have won this. This is part of the story why we didn t.
01/28/2021 4:19:36 PM PST