We are excited to announce that the German Financial Supervisory Authority (BaFin) has approved our security token for real estate investments worth EUR 250 million.
This makes the FUND Token the first-ever real-estate backed security token regulated by BaFin. We will soon launch our investment platform and begin with the public sale.
With the approval, we can sell our FUND Token to both institutional and retail investors. Investors worldwide can access the German real estate market via our tokenized bearer-bonds. Investors can make deposits and withdrawals in either EUR or in the cryptocurrency Ether.
Investments will be made primarily in commercial project developments with a focus on properties in major urban centers throughout Germany, including Berlin, Hamburg, Rostock, Jena and Fulda, which it holds in its own portfolio in the medium- to long-term.