NEWPORT BEACH, Calif., Oct. 4, 2018 /PRNewswire/ -- QuantmRE, the world's first blockchain-based real estate marketplace that offers fractional interests in single family residential homes, today announced its partnership with Securrency, a global financial services technology infrastructure and products company. Through this partnership with Securrency, QuantmRE will create the infrastructure to support its patent-pending, fractionalized real estate trading platform and the launch of the EQRE - a globally compliant stablecoin and cryptocurrency ecosystem tied to real estate assets.
Securrency's proprietary CAT-20 security token protocol, powered by the company's multi-venue identity services and Rules Engine, ensures that tokens maintain compliance during secondary-market trading, through on-and off-chain movement and throughout the security token lifecycle. The company's patent-pending, token key-lock assures that tokens may not be held, traded or transferred to or from a wallet that does not have the appropriate qualifications. QuantmRE selected Securrency and its best-in-class technologies to facilitate and support its EQRE offering and provide the cornerstone technology for QuantmRE's global real estate marketplace.
"Robust, frictionless regulatory compliance is a critical component for the mass-market adoption of cryptocurrencies that operate as securities," said Matthew Sullivan, CEO of QuantmRE. "QuantmRE will use Securrency's versatile suite of technologies to launch its globally compliant, blockchain-based platform that will enable its members to diversify their investment portfolios into fractional real estate assets, as well as giving homeowners the ability to unlock the equity they have built up in their homes without having to take on extra debt."
CEO of Securrency Dan Doney said, "Tokenized securities represent real opportunity for some of the world's most innovative companies and for a brand new pool of investors. We believe in QuantmRE's vision and are excited to join forces and help them achieve their objective of creating the world's largest blockchain-based capital markets system for fractionalized real estate assets. We believe this partnership will serve as a first-class model for others who are hoping to issue security tokens in a fully compliant and transparent manner."
QuantmRE is conducting a Regulation A+ offering for its EQRE token and is establishing a new blockchain-based ecosystem for creating wealth through equity freedom by facilitating direct transactions between homeowners and real estate investors. When the QuantmRE platform is fully operational, qualifying members will be able to diversify their investment portfolios and purchase EQRE, QuantmRE's stablecoin tied to real estate assets. Homeowners will, for the first time on the blockchain, be able to access the equity in their home without taking on more debt, with QuantmRE reimagining the way houses are financed and turning 'home owe-ers' into 'home-owners'.
Securrency's technology will enable prospective QuantmRE members around the world, including institutional investors, family offices, and individuals, to make investments from various gateways using a single, uniform system, paving the way for the mass-market adoption of QuantmRE's fractional real estate marketplace and the establishment of EQRE as a globally accepted stablecoin.
Founded in 2017 and based in Newport Beach, California, QuantmRE plans to be the world's largest membership-driven, vertically integrated tokenized real-estate marketplace powered by blockchain technologies. Investors will be able to build, model, manage and trade diversified portfolios of real-estate assets while homeowners can release the value of the equity that is locked up in their homes without taking on more debt. To date, QuantmRE's team has experience in providing equity release solutions for approximately $300M of properties.
Securrency is a technology products company that delivers a complete suite of security and compliance tools to issuers, broker-dealers and alternative trading system (ATS) operators to enable the issuance, maintenance and secondary trading of tokenized securities.
Securrency has developed a unique Compliance Aware Token that embeds regulatory and transactional rules in a compliance layer to facilitate legally-compliant securities offerings in the United States and globally. Securrency's protocol can be utilized on the Ethereum, Stellar, Ripple, EOS and other distributed ledgers, as well as on legacy systems, allowing for seamless on-chain and off-chain movement of tokens.
Securrency was formed in 2015 by US national security and technology experts to enable the free trading of previously illiquid asset classes through compliance and unparalleled interoperability. Securrency offers secure, scalable FinTech/RegTech tools either as individual modules or as a customized venue for listing securities via Security Token Offerings (STOs) while providing global KYC (Know Your Customer), anti-money laundering (AML) and other essential jurisdictional compliance for access to investors.
QuantmRE, Inc ('QuantmRE') is testing the waters under Regulation A of the Securities Act of 1933, as amended. This process allows companies to determine whether there may be interest in an eventual offering of its securities. QuantmRE is not under any obligation to make an offering under Regulation A. QuantmRE may choose to make an offering to some, but not all, of the people who indicate an interest in investing, and that offering may not be made under Regulation A. If QuantmRE does go ahead with an offering under Regulation A, it will only be able to make sales after it has filed an offering statement with the Securities and Exchange Commission ("SEC") and only after the SEC has qualified such offering statement. The information in the offering statement will be more complete than the test-the-waters materials and could differ in important ways. You must read the Offering Circular filed with the SEC. No money or other consideration is being solicited for our Regulation A+ offering at this time and if sent in to QuantmRE will not be accepted. No offer to buy securities in a Regulation A+ offering of QuantmRE can be accepted and no part of the purchase price can be received until QuantmRE's offering statement is qualified with the SEC. Any such offer to buy securities may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of its acceptance given after the qualification date. Any indications of interest in QuantmRE's offering involves no obligation or commitment of any kind.