Calling their EQRE digital asset “a securities token that even Wall Street could love,” QuantmRE is planning to do a security token offering tied to fractionalized interest in real estate.
In partnership with Prime Trust, QuantmRE will issue a security token representing interests in owner-occupied, residential real estate assets in the US. According to a release, the funds raised will be invested into homes allowing homeowners to unlock equity in a peer to peer transaction. Prime Trust will custody the digital assets on behalf of the investor (no digital wallet necessary) as well as necessary AML/KYC compliance.