Investment by SI6 in OpenBrick: Introducing a blockchain-based platform under Iberclear's Digital Securities Transfer (DLT) pilot program.
In a strategic move, SIX, the owners of Spanish stock exchange BME, have invested in OpenBrick, a Spanish real estate tokenization platform. This investment is seen as a complement to SIX Digital Exchange (SDX) by SIX.
OpenBrick was founded by real estate firm Grupo Lar, asset manager Renta 4 Banco, and blockchain development firm ioBuilders. The platform is designed to tokenize real estate assets, making it easier for investors to access and trade in the property market.
SIX's investment in OpenBrick is intended to support its digital exchange, SDX. This move aims to strengthen SDX's position in the digital asset market and provide a broader range of assets for trading.
Alongside SIX, OpenBrick is adding strategic partners such as lawyers Garrigues and infrastructure funding firm Teras Capital. Garrigues will contribute as legal advisors, while Teras Capital will provide the necessary infrastructure funding.
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OpenBrick's mission is to revolutionize the real estate market by making it more accessible and efficient. With the support of SIX and its strategic partners, OpenBrick is well-positioned to make significant strides in the digital exchange market.
This article provides insights that keep readers ahead of the competition, offering valuable information about the investment of SIX in OpenBrick and its implications for the digital exchange market.
Photography for the featured image of this article is by Denis Linine from Dreamstime.com.
As the real estate market continues to evolve, platforms like OpenBrick are leading the charge towards a more digital and accessible future. Stay tuned for more updates on this exciting development.
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