Ismet Tasceken, CEO of fintech company Intelly, has launched its highly anticipated new investment platform that uses blockchain-based tokenization technology to make real estate investing accessible to everyone.
Geneva–(ANTARA/Business Wire)- Blockchain fintech company Intelly is launching a fractional real estate NFT (F-NFT) investment platform on July 20. Investors will have access to real estate investments worldwide using Intelly’s INTL token to purchase fractional real estate assets on its decentralized real estate investment platform. Intelly successfully completed its initial coin offering in early 2022 and established Intelly Exchange – a liquid real estate marketplace where investors can trade F-NFTs priced by market participants based on the profitability of the underlying asset. The exchange will list projects from the residential, commercial and corporate sectors like a beach club or a branded restaurant, which are tokenized via F-NFT, allowing investors to switch between investments in seconds, depending on their appetite. for the risk.
Transforming Real Estate Investments with Blockchain Technology
Intelly CEO Ismet Tasceken commented: “Switzerland’s exceptional business environment provides essential stability and predictability for fintechs that are active in transforming assets such as real estate using blockchain technology. Even though the real estate industry is now worth more than $3.7 trillion, the industry suffers from inefficiencies that have plagued it for decades. We plan to leverage our 30+ years of experience, industry connections, and the power of blockchain to unlock the potential of a new era of real estate investing.
The tokenization market is expected to reach USD 9.2 billion by 2030
Investing in real estate is profitable over the long term but requires a large initial outlay, which could be a barrier to entry for many investors. Intelly’s F-NFT platform eliminates many of the steps needed to participate in real estate investing. Intelly’s unique ecosystem connects the physical to the virtual world, joining the rapidly growing tokenization market, which is expected to reach $9.2 billion by 2030. Noting that the platform will begin shipping on July 20, Tasceken said, “What sets Intelly apart from its competitors is the excellence of its proprietary technology combined with the depth of its industry penetration. This, combined with our financial strength, experience and vision, will ensure that we create profitable opportunities for our clients through the tokenization of real estate investments.