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New York City Real Estate Coin (NYCREC) Tokenized Fund Launches STO in Q4 2018

Published 09/07/2018, 11:29 AM
Updated 09/07/2018, 12:41 PM
 New York City Real Estate Coin (NYCREC) Tokenized Fund Launches STO in Q4 2018

New York City Real Estate Coin (NYCREC), a real estate fund that tokenized its assets, recently announced the deadline of its Regulation S securities token offering (STO). Investors outside the US will be able to take part in the STO event in the fourth quarter of this year. By holding NYCREC tokens, investors have full rights on their fractional ownership of real estate in New York. Regulation S of the US Securities and Exchange Commission (SEC) offers a safe harbor from the registration requirements of the Securities Act. It is aimed for offshore offers and sales of secur...


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