RealBlocks raises $3.1M to offer tokenized real estate investments

RealBlocks, a blockchain-based real estate platform, raised $3.1M in a seed round backed by investors including Morgan Creek Digital, Science Inc, Zelkova Ventures, Ulu Ventures, and Cross Culture Ventures. RealBlocks provides investors with access to global real estate investment opportunities and enables firms to raise capital through tokenized real estate securities offerings.


Keep up with the latest news, trends, charts and views on crypto and DeFi with a new biweekly newsletter from The Block's Frank Chaparro

By signing-up you agree to our Terms of Service and Privacy Policy
By signing-up you agree to our Terms of Service and Privacy Policy

When purchasing shares on RealBlocks, investors receive asset-backed tokens representing ownership of an offering. Investors can trade these tokens through RealBlock's peer-to-peer marketplace with other investors globally.

"2019 is going to be an incredibly important year for blockchain projects," said Anthony Pompliano, Founder & Partner at Morgan Creek Digital. "After years of experimentation and development, the market expects these companies to solve real problems now. RealBlocks is one of the teams that has a working product and has shown they can execute at a high level — that is one of the reasons why we are excited to invest."

About Author

Steven Zheng is a researcher for The Block. He joined The Block in August 2018. Steven graduated from St. John’s University with a degree in economics. Previously, he covered blockchain and crypto at Radicle, a startup analytics firm. He also had brief stints at Cheddar, a media startup, and Bowery Capital, a venture capital firm. He owns bitcoin. Follow Steven on Twitter at: @Dogetoshi

More by Steven Zheng