REI Capital Growth (REICG) plans to launch a $100 million security token offering (STO) on the Tezos blockchain in April.
REI Capital Growth & Tezos
REICG has informed XTZ news that they will launch a $100 million STO on the Tezos blockchain in April. XTZ news will do a bonus content podcast episode very soon, where Alan Blair, Founder and CEO of REICG will talk about the details and what’s about to come.
The Offerings
REICG has reinvented how the typical real estate investment funds operate. The REICG investment fund is designed to mimic the way the wealthiest families in the world invest in US commercial real estate to grow their wealth over time.
“This is only made possible, because REICG is digitizing its investment offerings on the Tezos blockchain. “
The offerings will be two-fold:
– $50 million Equity STO: Providing Growth
– $50 million Bond STO: Providing income
The Key Details of REICG STO Available So Far
REICG STO Important Dates:
REICG is planning to launch the STO in April this year. The STO will initially only be available to non-US investors.
Date of the podcast will be announced shortly.
REICG STO Partners Include:
- Coinbase
- Vertalo
- Netki
- Docusign
- Morgan Lewis
- Tiger Mark, and more…
Source: XTZ News
Related Link
https://www.reicapitalgrowth.com/