QuantmRE, a California-based company that leverages blockchain technology for the real estate market, announced on Friday a partnership with fintech firm Securrency. According to the agreement, Securrency will assist QuantmRE in developing the infrastructure and framework to support its fractionalized property trading system. The real estate-oriented product, for which QuantmRE filed a patent application, will be fueled by EQRE, a stablecoin that is to be linked with property-related assets.
According to QuantmRE, the new coin will allow investors to buy mini-stakes in homes and properties, as the token is backed by ownership of a fraction of a house.
Securrency will contribute with its proprietary...
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