Tokey has announced a new partnership deal with Ethereum real estate. They are going to establish the tokenization marketplace CoFund.This would eventually issue regulatory-compliant ERC-3643 security tokens. These securities are being used in the Polygon network. With the help of the Matic, they are going to tokenize up to $10 million in hotels in Bali. These would benefit the Indonesian hotel industry on a large scale.
Collaboration Was Announced On 11Th April For CoFund
This new collaboration is enabling investors to even own a portion of the hotel. They would have to make at least $1,000.Tokeny announced it. CoFund CEO added had said, done by collaborating with Ethereum real estate. This would provide more security and accessible investment markets that meet the needs of all types of investors. They will also ensure compliance.
This is bringing the company one step closer to materializing its vision in the global real estate market perhaps. This CoFund collaboration would help users to access an auditable and immutable capitalization table. These would eventually provide security to tokens in the blockchain.
In February the token launched a version of tokenized venture capital. Which was created by a Spanish business podcast. This method would help investors to participate in private equity placements. They would be needing at least a purchase of 500 euros or $545. The digital fund they share will be invested into investors’ digital wallets. In January Tokeny received a 5 million euro investment. Which was led by Inveniam.Also Apex and K20 fund.
