Founded in 2017, RealBlocks is a tokenization platform that specializes in real-estate. Base in New York, New York, RealBlocks operates under the watch of CEO, Perrin Quarshie.
RealBlocks brings new appeal to investing in real-estate by opening up the possibility of fractionalized ownership. By removing the need to invest huge sums for total ownership of real-estate, investors are now able to purchase portions of assets, alongside various other investors. This process lowers barrier to entry greatly, by reducing the amount of capital needed to gain exposure to the asset class. For example, this process allows for an investor located in Fiji to own 1% of a property in Paris, alongside countless other likeminded investors.
This is all made possible through the use of blockchain technologies. Blockchain use is needed as it provides various benefits not found elsewhere. Primarily global access, liquidity, and transaction privacy.
RealBlock focuses on non-traded REITs in an effort to provide its clients with the best investment opportunities.