We successfully repaid Connex Coin to our investors by year-end 2021. Connex Coin was originally issued in 2019 as the first real estate crypto token that qualified as an investment token according to German and EU law. The coin was based on blockchain-technology and technically works similar to a cryptocurrency. It embodied claims against a […]
We are very proud and happy to announce that RAAY RE was selected by the jury at Blockpool. 25 promising companies were selected and invited to work and test Distributed-Ledger-Technolgy (DLT)-based products and services. The Blockpool call received over 100 proposals from 27 European countries, in more than 11 different BDLTs and directly affecting 8 […]
Today, we have obtained the permission for the distribution of financial assets. Since 1 January 2013, financial intermediaries like us require an official license for financial investment brokerage and advisory services in accordance with section 34f Gewerbeordnung (“GewO”). It has taken a bit of time and effort to obtain the license, but we are very […]
The Case For Tokenising Real Illiquid Assets – Improved liquidity, lower transactions costs, Higher transparency and security
Right before the start of famous Oktoberfest on 9. September 2019, Marc Hau joined as our second managing director at RAAY Real Estate. At the same time the shareholders of RAAY Real Estate elected a new board consisting of Hans Hammer, CEO of the Hammer Group. Thomas Meyer, CEO of WERTGRUND Immobilien AG and Michael […]