Red swan tokenization
This investment is open to US Accredited Investors under Regulation D and International Investors under Regulation S.įounded in April 2018, RedSwan CRE is a blockchain based marketplace that leverages tokenization technology to fractionalize ownership of commercial real estate, making investments more affordable. Investors interested in the two properties can obtain more information and can express interest at The closing of these deals will occur once total allocations of the equity tokens are reached. New investors who come in will be invested alongside established, blue-chip institutional investors who have already committed capital to these properties. The combined equity raise for these two deals through the RedSwan CRE platform is $36 million $20 million for Lakehouse and $16 million for Apollo.
Apollo is a 251-unit, EPA and NGBS Green certified building and designed to meet new work-from-home demands. The Apollo Apartments is a new development project in Edmonds, a high demographic suburb of Seattle. Lakehouse is a 270-unit, multi-family luxury high-rise development located on Lake Merritt and within walking distance to Downtown Oakland. The Lakehouse Oakland and the Apollo Apartments projects are now accepting Dogecoin. With this initiative, RedSwan CRE is doing its part to accelerate that evolution by providing educational value towards building wealth.” It is on the cusp of transitioning from a “meme coin” to legitimate institutional and transactional use cases. Dogecoin is one of the fastest growing coins in the space with strong name recognition and popularity. “RedSwan CRE recognizes that cryptocurrency payments are becoming the favored way to transact in the digital economy and is putting its support behind the ecosystem. “We are excited about bringing this exclusive investment opportunity to Dogecoin hodlers,” said RedSwan CRE chief executive officer, Ed Nwokedi. Investments can be made through the company’s platform, powered by advanced blockchain technology, for a secure process. Septem/ / - RedSwan CRE, the leading commercial real estate (CRE) tokenization platform, today announced that two digital-asset deals on its Marketplace will accept Dogecoin as payment in addition to regular USD fiat and stable coins pegged to the USD.
AMC CEO Adam Aaron ran a poll asking the theater chain should accept Dogecoin as a payment option The company excluded Dogecoin from the cryptocurrency options it planned to make available for online payments later this year.Įlon Musk, who has spent a seemingly endless amount of time tweeting about Dogecoin, ran a similar poll in May asking if people wanted Dogecoin payment options for purchasing Tesla TSLA vehicles. Despite overwhelming public support for the idea, Tesla has yet to accept Dogecoin.CRE Tokenization Platform Makes it Easier for Crypto Holders to Invest in High-Quality Real Estate Properties This week, AMC Entertainment Holdings, Inc. corporations are keeping Dogecoin payments off their agenda, although a few have acknowledged the cryptocurrency's presence. Other companies that also accept Dogecoin is the Latvian carrier AirBaltic, the U.K.-based web hosting company HostMeNow and the Canadian Internet service provider EasyDNS.īut the vast majority of U.S.
In March, Mark Cuban’s Dallas Mavericks began accepting Dogecoin payments, making it the most prominent U.S.
Why It Matters: Despite a fast-growing popularity in Dogecoin as an investment vehicle, transactional opportunities for the cryptocurrency have been relatively limited.