QuantmRE today announced that it will be leveraging the Algorand protocol to deliver a groundbreaking, blockchain-based real estate marketplace that allows investors — including individuals, family offices and institutions — to buy, sell and trade fractionalized interests in the equity in residential homes, thereby enabling digital access to this $18 trillion asset class.
QuantmRE, a leader in originating debt-free Home Equity Agreements (HEAs) that have allowed Homeowners to access millions of dollars of liquidity, is leveraging the blockchain technologies developed by Algorand, a global financial services technology infrastructure company, to revolutionize the way that home equity is financed, transacted and traded. QuantmRE’s Real Estate Marketplace makes it possible for investors to build, model, manage and trade personalized portfolios of home equity in off-market, residential owner-occupied homes with tokenized HEAs.
“QuantmRE’s unique marketplace, which allows homeowners to access the equity in their homes without the burden of monthly payments or additional debt, now makes it possible for investors to build portfolios of equity in residential homes that are not for sale,” said Matthew Sullivan, founder and CEO of QuantmRE.
“We are excited to see Algorand’s global decentralized platform being leveraged by innovative thinkers like QuantmRE,” said W. Sean Ford, COO of Algorand. “In pursuing their vision of the world’s largest blockchain-based capital markets system for tokenizing and trading residential home equity on our protocol, they join a rapidly growing ecosystem of companies that are reshaping and expanding access to previously illiquid and closed-off markets.”
Photo by Brandon Griggs on Unsplash
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