The Fund manager is buying APS $ 3.4 million in distinctive real estate
The manager of the Pan-European Aps Fund has become the first institutional investor to obtain the distinctive real estate assets through the Blockchain investment platform in Metawealth, according to a joint advertisement with Cointelegraph.
APS, which runs more than 12 billion euros (13.7 billion dollars) of assets, bought 3 million euros ($ 3.4 million) in symbolic bonds linked to two Italian residential properties listed in Metawealth: Fo.Ro Living Rome and Porta Pamphili Rome. Each slice was divided evenly at 1.5 million euros.
APS got the same distinctive assets available for retailers. The bonds are treated and recorded on Blockchain, adding transparency and programming to the process.
“The distinctive symbol represents a transformation in investment, providing increased liquidity and simplified transactions while maintaining compliance and security,” said Mihai Pop, APS director.
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Metawealth Tokening Pan-European
The Metawealth Tokens, founded in 2023, was founded by European real estate, allowing the ownership of fractures and semi -fixed transfer of real estate symbols.
The platform contains symbolic properties across Romania, Spain, Greece and Italy, which facilitates more than $ 50 million of distinctive transactions. Each symbol on Metawealth represents a breaking property, allowing institutional investors and retail trading in real estate risk circulation in seconds.
“Investment brings increased confidence in the area, an important source of liquidity for the ecosystem and increased access to the real world’s assets for customers and institutions alike,” said Omar Adawi.
Metawealth said it is ranked first among the top 10 global origins in the real world (RWA), with 23 countries.
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The distinctive symbol picks up the speed
There has been a wave of attention in the distinctive symbol of RWA, with two main players from both traditional financing and the manufacture of the main headlines recently.
On April 30, Blackrock submitted the creation of a Blockchain -based stock category to his renovation fund to the Ministry of Treasury amounting to $ 150 billion, allowing the digital professor’s book unlike the ownership of the investor. On the same day, LIBRE unveiled plans for the Telegram debt value of $ 500 million through the new Bond Telegram box.
On May 1, the Multibank Group Group signed a 3 billion dollar symbolic deal with the United Arab Emirates Real Estate Company Mag and Blockchain Mavryk.
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