Hydra Chain Technologies, a Wisconsin-based real estate developer, has partnered with DigiShares, a provider of end-to-end white-label solutions to tokenize residential properties in Wisconsin.
Through this partnership, Hydra Chain Technologies plans to tokenize single-family houses in Wisconsin, USA, which would allow the company to provide liquidity and fractionalized ownership to real estate investors around the world. The collaboration also opens up many opportunities for future tokenization projects that will move beyond real estate. Additionally, the partnership is a step forwards further expanding DigiShares’ service offering to support Ravencoin.
Hydra Chain Technologies has launched their first tokenized home in Wisconsin in River Falls, which will also be the first tokenized project using Ravencoin Blockchain in the US. The initial funding of the project in River Falls will be around $625,000.
On the new partnership, Claus Skaaning, CEO at DigiShares said “We are very pleased to work with Hydra Chain Technologies as it has facilitated our expansion into the world of Ravencoin. The Ravencoin blockchain has high performance and low gas fees and it lends itself well to tokenization and security tokens.”
Hydra Chain Technologies is based in Wisconsin. Their current projects including investment properties to new construction in Twin Cities Metro and Western Wisconsin.