QuantmRE Launches Blockchain-Based Investment Platform and Securities Token Tied to Real Estate Assets
QuantmRE announces EQRE- a securities token representing interests in owner-occupied, residential real estate assets in the US
Capital raised from the sale of EQRE tokens will purchase financial instruments which will enable homeowners to free up the equity in their homes without taking on more debt
"EQRE is a securities token that even Wall Street could love"
NEWPORT BEACH, Calif., Dec. 11, 2018 /PRNewswire/ -- QuantmRE, the world's first membership-based, patent-pending fractionalized real estate trading platform powered by Blockchain technologies, has announced the launch of EQRE, a securities token that enables qualifying members to invest into a diversified pool of fractional equity interests in single family homes in the US, creating liquidity in a previously untapped $31.8 Trillion US based real estate asset class.
The funds from the sale of EQRE securities tokens will be used to invest in instruments designed to assist Americans in unlocking the equity they have built up in their homes, without additional debt, interest or monthly payments.
In addition, QuantmRE's partnership with Prime Trust enables investors to buy EQRE securities tokens without the need for their own digital wallet – Prime Trust acts as the regulated and insured custodian for these digital assets and is able to hold digital assets such as EQRE on behalf of the investor.
Under the terms of the equity agreements, when a homeowner decides to sell their home, QuantmRE receives its original investment amount back plus as a share of the potential increase in the value of the property. Unlike taking on more debt, the arrangement with QuantmRE is a partnership where both parties share in the upside and potential downside, and the homeowner is free to spend the money on whatever they wish.
"EQRE is a securities token that we believe Wall Street could love," said QuantmRE founder and CEO Matthew Sullivan. "We're creating a securities token tied to a unique class of real estate assets that can be attractive to institutions as well as small investors who want to dip a toe into crypto and real-estate assets at the same time. There is a low initial investment threshold and the tokens will have intrinsic value as they will represent ownership in a diversified pool of US-based real estate assets."
"By enabling people to make the equity in their homes liquid, without taking on debt, we are turning 'home-owers' who are carrying a mortgage, into homeowners," continued Sullivan. "As well as helping homeowners release equity, QuantmRE makes it possible for ordinary people to invest in this unique real estate asset class. We are re-imagining the way homes are financed, while at the same time bringing much-needed transparency and intrinsic value to the tokenized economy".
For more information, you can visit the QuantmRE platform.
About QuantmRE
Founded in 2017 and based in Newport Beach, Calif., QuantmRE is the world's first membership-driven, vertically integrated tokenized real-estate marketplace powered by Blockchain technologies. Investors can build, model, manage and trade diversified portfolios of real-estate assets while homeowners can release the value of the equity that is locked up in their homes without taking on more debt.
Leveraging Blockchain technologies to revolutionize the way that real estate is financed, transacted and traded, QuantmRE has already raised over $1.7 million in private seed capital. The Company's shareholders and advisors include David Moss, Founder and CEO of TrueBlock.io, former NASDAQ Managing Director Enzo Villani, and former Yahoo Chief Solutions Officer, Tim Sanders. The QuantmRE team has decades of technology and real estate investing experience and has syndicated over $500M in commercial debt and shared equity transactions in the past ten years.
About Prime Trust
Prime Trust is a regulated, chartered financial institution that as a Qualified Custodian provides custody of tokens, FIAT and other alternative and traditional assets, as well as funds processing, AML/KYC compliance, and transaction technology for the new digital economy. Its mission is to provide exchanges, portals, platforms, brokers, investment advisors, stablecoins, and others with technology-driven, best-in-class solutions to seamlessly meet the needs of their businesses.
Contact
Larissa Bundziak
Krupp Kommunications
[email protected]
Disclaimer
QuantmRE offering these securities under an exemption from registration under Rule 506(c) of Regulation D of the Securities Act of 1933, as amended ("Securities Act"). QuantrmRE is also testing the waters under Regulation A of the Securities Act. This process allows companies to determine whether there may be interest in an eventual offering of its securities. QuantmRE is not under any obligation to make an offering under Regulation A. QuantmRE may choose to make an offering to some, but not all, of the people who indicate an interest in investing, and that offering may not be made under Regulation A. If QuantmRE does go ahead with an offering under Regulation A, it will only be able to make sales after it has filed an offering statement with the Securities and Exchange Commission ("SEC") and only after the SEC has qualified such offering statement. The information in the offering statement will be more complete than the test-the-waters materials and could differ in important ways. You must read the Offering Circular filed with the SEC.
SOURCE QuantmRE
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