Scintilla, a leading institutional-grade tokenisation platform, and Verseprop, a digital platform specialising in tokenised real estate equity and debt, announced a strategic collaboration to offer financial engineering solutions to the real estate sector.
The partnership will introduce advanced tokenisation solutions that bring greater efficiency, transparency, and inclusivity to the market, alongside cost savings and distribution, the companies said.
Scintilla will deliver the core tokenisation technology and broker/dealer services necessary to facilitate the distribution of these digital tokens in the UAE.
For investors, the collaboration will unlock access to diversified real estate opportunities, while enjoying the efficiency and lower costs provided by blockchain technology.
The strategic collaboration will also look to redefine real estate financing and distribution models with a compliance-first approach aligned to global regulatory standards.
The collaboration between Scintilla and Verseprop also bridges two dynamic markets – the UK and the UAE.
Leveraging the UK’s established, and highly sought-after, trillion-dollar commercial real estate sector, alongside Dubai’s pioneering approach to blockchain and digital assets, the partnership offers a unique synergy, the companies said.
“Scintilla is delighted to join forces with Verseprop to redefine how real estate assets are tokenised and traded,” said Tim Popplewell, founder and CEO of Scintilla.
“This collaboration marks a significant step in our journey to bring institutional-grade solutions to the digital asset space, opening up new avenues for investors and developers alike,” he said.
Joel Coren, CEO of Verseprop, the company is not just tokenising real estate equity and debt, but will be fundamentally reshaping how people access real estate and how asset owners think about distribution.
“Our platform offers a seamless, transparent, and digital way for investors to access high-quality real estate opportunities that were previously out of reach, and asset owners to reach them,” Coren said.
Verseprop, founded in 2021 by a former senior executive from CBRE and Savills, is a Financial Conduct Authority (FCA) Appointed Representative, headquartered in London, specialising in real estate debt and equity.
Scintilla, licensed by Dubai’s Virtual Asset Regulatory Authority (VARA), brings a powerful tokenisation engine and its broker/dealer license and services to the table, solidifying its reputation as a leader in digital asset innovation.
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