A RETO is:
1. a regulated financial instrument or security, such as a share, a participation certificate, or a credit note
2. issued by an entity owning real estate assets
3. represented by a blockchain-based token.
Each RETO will be issued by a Special Purpose Vehicle, a legal entity specifically created to this end. We call such entities Token Estate Investment Vehicles (TEIV). Each TEIV will be the legal owner of a portfolio of real estate assets and will run its business like any REIT does. It will take informed decisions on property acquisition or divestment, manage these properties, ensure compliance with any applicable regulation.
So, to launch TEIVs in an economically efficient way, it is necessary to regroup essential services such as compliance and launching services into a dedicated legal entity, which will be used to launch many TEIVs, leading to significant economies of scale. We call this legal entity Tokenestate.io. It is a for-profit marketplace, which will perform services to TEIVs in exchange for fees.
Planning an STO?
Contact us and get full information about the launch of Security Token Offering.