We have now left 2021 behind us, a year that was certainly complex but also full of opportunities that BlockInvest managed to seize and turn into results. With this article, we would like to summarise all the major achievements during this period.
Sorec Srl, an independent manager in the NPL market, acquired a portfolio of retail loans from AXACTOR CAPITAL ITALY for €12 million. This transaction was finalized through the Blockinvest platform, which digitalized the buying and selling process, making it faster and more transparent.
PARIS FINTECH FORUM EVENT
BlockInvest took part in the sixth edition of the Paris Fintech Forum, the most important event in the world in the field of digital finance and Fintech. On this occasion, BlockInvest was invited to speak about Real Asset Tokenization in an international environment with about 3000 participants from 75 countries.
NEW ASSET CLASS
BlockInvest was created in 2018 as a tokenization platform for NPL and Real Estate assets but, in 2021, it became evident that the potential of blockchain and the benefits of tokenization could be exploited by other Asset Classes as well. For this reason, BlockInvest decided to expand the possibilities of tokenization through the platform to assets such as:
- Industrial processes
- IP Rights
- Carbon Credit
BlockInvest signs a contract with a financial operator based in Luxembourg to tokenize various asset classes. The first one is a “Green Bond”, to be issued through Blockinvest. These tokens represent debt securities related to the renovation of an industrial site located in Italy, specifically in Liguria. The ultimate goal of the project is the recycling of materials.
In 2021, Blockinvest integrated the Polygon mainnet (MATIC) into its platform. Polygon is a protocol for building and connecting Ethereum-compatible blockchain networks. This integration aims to ensure that investors and clients can use their funds with greater speed and efficiency. With Polygon, Blockinvest uses a dedicated blockchain network that combines the best features of blockchain (sovereignty, scalability, and flexibility) and Ethereum (security, interoperability).
FUNDRAISING WITH CAI
BlockInvest closes a new round of investment reserved and fully subscribed by Crédit Agricole Italia, part of the Crédit Agricole group which is the 10th largest bank in the world. This initiative is the first investment by Crédit Agricole in an Italian start-up, which demonstrates the growing interest of institutional investors in blockchain technology. Following this transaction, CAI becomes the second shareholder of RealHouse S.r.l owner of the platform.
Thank you for reading this article and for following us throughout this year.
Soon we will reveal some details of the 2022 roadmap and the big news we are expecting for this new year!