eCredits and Rocksolid Estate AG, based in Austria, says it will commence tokenized real estate investments by partnering with eCredits Blockchain. The “decentrally governed organization” or “DGO,” the Peoples SCE, builds applications using Credit Blockchain.
According to a release, Rocksolid wants to offer fractionalized real estate investments to investments for managed properties.
Rocksolid Estate states that it has introduced the concept of “Instant Real Yield” (IRY), which is described as a financing process that is “less burdensome.”
Rocksolid says it provides a “secure, fully regulated investment opportunity” in partnership with Equito, a MiFID II-regulated broker.
Investors may expect to gain voting rights and can choose to invest in commercial real estate holdings or green energy initiatives like solar power plants.
Sebastian Arnezeder, CEO of Rocksolid Estate AG, says the collaboration demonstrates the potential for blockchain to expand access to traditionally exclusive investment opportunities, benefiting investors.
The Peoples SCE CEO Bernhard Blaha claims they will help investors to build wealth.
“This partnership is a testament to the transformative potential of blockchain in democratizing finance.”
According to Rocksolid’s website, it is accepting inquiries regarding a minimum investment of €100,000 with a discount from between 5% to 15%.
A private token issued by Rocksolid, ROC, was sold to investments earlier this year. The public offering (STO) was made available in the EU and will hold profit participation rights.