New investment platform allows Australians to invest in US real estate
A fractional property investment platform providing access to US real estate investments, has announced its official global launch.
RealT provides investors, regardless of their location, to become landlords in Detroit.
In the future, RealT plans to include properties from across the United States and the world.
RealT’s platform utilises blockchain technology for property ownership and rental income distribution.
Investors are provided with RealTokens that represent ownership in each property, while rental income is paid daily using USD stablecoins.
Real estate cannot be directly tokenized in the United States, so each of the properties featured on RealT is officially owned by a Series of a Delaware series limited liability corporation (LLC).
RealT issues a specific number of tokens for each Series, which are then made available for purchase by investors.
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