A name Vaneck Ventures Wyatt Lonergan’s general partner and partner Juan Lopez published in Social Media Platform X have published investment in Manifest, a platform that brings the US real estate to decentralized finance (Defi).
Manifest, according to him, “start soon” WebsiteIt offers “tokenized ETF” $ Ush supported by HEIS (Home Equity Investments).
“Manifest is actually pioneering new types of tokenization by applying ETF style diversification to US real estate and packaging it as a smart contract that can be used in public blockchain.” Accessibility) The benefits of the real estate exposure in a manner without previously performed. “
The most important thing in today’s announcement for ETF investors is that there will be an option to invest in diversified US real estate that is not related to real estate investment trusts (Reits).
Instead of using the following products Vanguard Real Estate ETF (VNQ)If assets are mainly real estate lease projects, investors will have a capital efficient and direct exposure to the country’s dominant real estate asset rating: a real estate shares of single -family homes occupied by the owner.
Sokoll-Ward said, “Manifest’s $ USH exhibits important evolution beyond traditional real estate ETFs. Using blockchain technology, $ USH improves liquidity, capital efficiency and tax advantages. Unlike high fees), $ USH is completely chain and is supported by housing stock investment. “
He added that the structure was “eliminated, reduces commissions, increases transparency, and all assets are fully guaranteed by real estate capital.”
Joint Vaneck Ventures of Manifest $ 2.5 million Preliminary seed funding with lattice funds It was released Fund giant last October.
The $ 30 million initial phase funds have been expanded to Vaneck’s Venture Capital and are designed to invest in the founder of “Founder of Fintech, Digital Assets and AI”.
“Tokenized financial products such as $ USH shows the natural next step of asset management: 24/7 introduces the growth of Defi and Stablecoin over the past few years.” Traditional ETFs do not simply have traditional ETFs. Developers cannot easily access this type of asset and not build a product that enables margins, for example. It is possible now. “
