Peakside launches real estate fund via blockchain-powered platform
Peakside Capital Advisorsand and Brickblock Digital Services GmbH a funds-as-a-service technology platform, have teamed up to launch the first real estate fund via blockchain platform ScalingFunds. The cooperation has the strategic goal to utilise blockchain technology as a toolbox to simplify and set up the future of real estate investment.
“We are looking to utilize the advances in digital technology to increase liquidity and transferability in the real estate fund sector as well as to broaden our investor base,” said Stefan Aumann, founding partner of Peakside. “We can now offer our institutional-quality investment products at smaller minimum investment sizes to qualified investors who would otherwise not have the opportunity to invest with us. On top, we strongly believe the underlying blockchain technology provides additional investor security.”
The fund shares are registered on the immutable blockchain as well as in an offline register with SANNE, a leadi