Hong Kong-based major property firm, Stan Group seeks a regulatory permit for its real estate assets. The firm is planning to meet the regulatory body of Hong Kong in the upcoming year. It wants the approval to sale the tokenized properties via blockchain technology. If the application gets approval, Hong Kong will witness the legal […]
Blockimmo has launched a regulated blockchain-based real estate crowdsale platform in Switzerland. FINMA, the Swiss financial regulatory body, has approved blockimmo’s business model as well as its security token. Reportely, blockimmo enables a real estate seller to list out his property on the platform allowing investors to invest in it. On completion of the sale, the investors receive representative tokens in their wallet.