GreatX is an online investment platform in the real estate sector with an interesting approach. The company states that it offers uncapped upside with income yield and capital protection in a single investment.
GreatX is currently raising money on Republic. According to the offering page, GreatX has seen almost $10 million committed from 24 different investors. The offering is available only to accredited investors who must commit a minimum $100,000 to participate in the securities offering. The funding target is $30 million, with a deadline of April 1, 2025. Investors will be receiving class B units at $1 each.
GreatX utilizes blockchain to issue a token – $GreatX or Global Return Earning Asset Token. These digital assets are said to be stable at $1 each, which can be staked against hospitality assets in the US. The token program is expected to launch later this year in Q3 2025 when token holders are expected to be able to invest in hotel rooms, then receive 90% of the room profits and 30% of any appreciation of the room. GreatX states there is an 8% target yield with an annual upside target of 15%. Importantly, each $1 token is expected to be backed by T-Bills.
GreatX states that investors via the platform will be able to invest in big hotel brands in the US by using the GreatX toekn
For shareholders in the current securities offering, investors may earn “10% of Operating Profits, 70% of Property Appreciation, 100% of Depreciation, and 100% of Principal Accumulation, plus all related fees from the assets.” Yield is predicted to rise each year.
In the 2nd year of operation, GreatX plans to allow investors to sell their shares back at the origin $1 price per share. A secondary market is anticipated as well.
There are a lot of moving parts to this deal, so GreatX is holding a series of webinars to pitch the investment.
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