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Stablecoins serve as a the central point of exchange and payments for people.
But, they're also facing tighter scrutiny from U.S. regulators.
Former @PaxosGlobal's Jesse Austin Campbell, a #Consensus2023 speaker, explains its use cases and risks: https://t.co/QF18sR29nnโฆ
round will follow later.
Itโs not the first such instance of an NFT-enabled property sale for Roofstock, which has a Web3-focused division that aims to make inroads into the property sector.
The first round of the transaction wasย facilitatedย by OpenSea, with RealT imposing โheavy restrictionsโ around the float of the initial fractionalization offering, according to Remy Jacobson, the co-founder at RealT and one of two chief executives at the businesses. A second
In the latest instance, fintech and single family-focused sales company Roofstock has sold off a Georgia home to RealT via a tokenized Ethereum-based NFT, representatives for both companies told Blockworks on Tuesday. It marked the first collaboration between the two companies
@Blockworks_With US single-family home values hovering in a middle-of-the-road range on a year-over-year basis, crypto companies are looking to carve out a slice of the US real estate pie โ even as digital assets themselves remain deeply depressed over that same period.
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