CROWDLITOKEN AG pioneers and starts
distribution of a digital bond – European retail investors benefit as well
the first time in Europe, the Liechtenstein Financial Market Authority (FMA)
has approved the offering prospectus for a tokenised real estate investment
product. CROWDLITOKEN AG is thus a pioneer for new financial innovations. The
Security Token Offering (STO) is now running in European countries. By using
blockchain technology, qualified and retail investors are enabled to invest in
first-class real estate in Europe. Also the Swiss Financial Market Supervisory
Authority (FINMA) has confirmed that no special regulatory approval is needed
to market this new class of digital assets in Switzerland.
company CROWDLITOKEN AG, based in Triesen/Liechtenstein, is launching a
security token that combines the advantages of direct and indirect real estate
Domenic Kurt comments: “This represents an evolution in the world of financial
products. New technologies are enabling us to launch a first-class product that
not only offers new investment opportunities, but also remedies inefficiencies,
cuts costs and safeguards transparency.”
concrete terms, the product is a digital representation of a subordinated bond,
whereby both the bond as well as the underlying real estate is digitised via
blockchain. The token – named the “CRT” – replicates the income streams and the
value changes of the real estate properties. Holders of the tokens can select
their properties to invest in and thereby tailor their own portfolio. They will
benefit from an attractive yield of 5–7% p.a. The ability to invest small
amounts in selected European real estate, the easy tradability on digital stock
exchanges (in preparation) and the investment flexibility are key innovative
features of this unique real estate investment product.
STO is divided into several phases. The private sale for the first 10 million tokens,
which is open to all types of investors, is currently underway with a discount
of 25% (equivalent to CHF 0.75 per token, 1 CRT = CHF 1.00). This is followed by the pre-public sale (20%)
and public sale (10%). The
minimum investment in all these phases is 100 CHF each.
AG targets to raise 100 million tokens through the STO, the funds will be used
to build up the real estate portfolio. CROWDLITOKEN’s clear goal is to bring
real estate investments into the digital era by using blockchain technology and
thus democratise access to the market.
For more information, please visit crowdlitoken.com.
About CROWDLITOKEN AG
CROWDLITOKEN AG is a Liechtenstein-based
start-up that provides investors with access to European core real estate via
blockchain technology. This is based on real estate-linked security tokens – termed
“CRTs” – i.e. a digital representation of a bond that returns a yield equating
to 5–7% p.a. CRTs are fully compliant and combine the advantages of direct and
indirect real estate investments.