Dutch Regulator Approves Tokenized Real Estate Crowdfunding Platform
Max Crowdfund, a blockchain-powered real estate crowdfunding platform connecting property developers and investors, has received approval from the Financial Markets Authority in the Netherlands. The platform seeks to democratize real estate investment, with investors able to gain exposure from as little as 100 euro ($117.50).
Speaking to Cointelegraph, MPG CTO Erwin van Kekem stated that the idea for a blockchain-powered global real estate crowdfunding platform was conceived in 2017 — just 12 months after MPG was incorporated. The platform will be powered by Jelurida’s Ardor blockchain, with Kekem emphasizing its “multichain architecture” in allowing companies to “spawn their independent child chain” from the platform as appealing to MPG’s needs.