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The post EstateX Sells Out Initial Blockchain Real Estate Offering in Record Time appeared first on Coinpedia Fintech News EstateX , a pioneer in tokenized real-world asset technology infrastructure and capital markets, has successfully sold out its first public, tokenized real estate property offering in under five minutes. This landmark achievement was made possible through a strategic partnership with the CEO of RE/MAX England & Wales, enabling the property to be offered at less than 10% of its appraisal, while providing an unmatched 7% upfront rental income yield—significantly higher than the typical 4-5% in traditional markets, and this rent is paid upfront for 3 years, locked in a smart contract. To date, they boast over $5.2m in total value locked across an investor community of over 500k. The sold-out property, a TUI Blue beach resort property in Cape Verde, is secured through a smart contract on the blockchain, ensuring full transparency for investors. Managed by TUI, a leading holiday rental brand, this sale marks a significant step forward in EstateX’s mission to democratize access to real estate investments by making high-yield opportunities available to a global audience with investment amounts as low as $100 per person. Bart De Bruijn, CEO of EstateX, said “Selling out our first real estate offering in under five minutes proves the demand for tokenized real-world assets. Blockchain is breaking down barriers, making real estate as liquid and accessible as digital assets. With RWA set to hit a $30 trillion market by 2030, EstateX is leading this financial revolution.” The hype around EstateX continues to soar as the project nears its TGE (token generation even), and with the recent introduction of Homie, an advanced AI-powered real estate agent, alongside their full-stack ecosystem for tokenized assets, enabling fractional property investments to be traded, converted to fiat, used as loan collateral, and launched via tokenized offerings. EstateX has garnered strong backing from prominent figures, including Brock Pierce, co-founder of USDT, and the CEO of RE/MAX England & Wales, one of the world’s largest real estate networks. Adding to its momentum, Steve Craggs, CEO of RE/MAX England and Wales, has joined EstateX as a board member and as Director of Global Property Distribution. Steve recently concluded a European investment tour on behalf of EstateX that has opened doors to new opportunities, which will soon be made available to European investors. As EstateX continues to expand its portfolio, investors eager to access future offerings can visit https://www.estatex.eu/ for exclusive opportunities. About EstateX EstateX is a blockchain-powered real estate investment platform revolutionizing the industry by providing secure, transparent, and high-yield investment opportunities. By leveraging blockchain technology, EstateX is making real estate investments more accessible, efficient, and rewarding for investors worldwide.
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CZ Refutes Claims of Trump Family’s Talks on Binance.Us Investment
BNB, the native token of Binance, surged by approximately 7.40% to tap $613 on Thursday before recoiling following reports that the Trump family has been exploring a potential investment in Binance.US. According to sources cited by The Wall Street Journal ( WSJ ), Donald Trump’s family members have considered acquiring a stake in Binance’s U.S. division. Discussions reportedly began in 2024, when Binance.US was actively seeking strategic partners to strengthen its position in the American market. While the exact terms of the discussions remain unclear, speculation suggests that the Trump family’s interest in Binance.US aligns with its broader involvement in the crypto space. The family has previously supported blockchain initiatives, including World Liberty Financial (WLFI), a DeFi project. Some analysts believe that any potential deal could integrate WLFI into Binance.US operations. The prospect of the Trump family investing in Binance.US raises concerns over regulatory oversight and political influence. Binance has been under intense scrutiny from U.S. regulators, especially after its 2023 plea agreement in which the company admitted to violating anti-money laundering laws. The settlement led to the resignation of Binance’s former CEO, Changpeng Zhao (CZ), who was sentenced to four months in prison and fined $50 million. Despite his release in September 2023, Zhao remains Binance’s largest shareholder. Some insiders speculate that the Trump family’s involvement could be tied to efforts to secure a presidential pardon for CZ. However, Zhao has categorically denied any discussions with Trump’s family, dismissing the reports as misinformation aimed at discrediting Binance and the broader cryptocurrency industry. “Sorry to disappoint. The WSJ article got the facts wrong…I have had no discussions of a Binance US deal with … well, anyone,” Zhao tweeted shortly after the story broke. He also suggested that journalists had pressured sources to confirm a narrative regarding a potential pardon deal. “More than 20 people have told me they were asked by the WSJ (and another media), ‘Can you confirm that CZ made some deal for a pardon?’…In essence, they tried hard to make a story to report.” He added. “Feels like the article is motivated as an attack on the President and crypto, and the residual forces of the ‘war on crypto’ from the last administration are still at work.” Notably, Trump’s potential involvement with Binance.US could have major implications for U.S. crypto regulations, especially as his administration pushes for pro-crypto policies . It could also open the door for the exchange’s expansion. Recall that in December 2022, Binance.US agreed to acquire Voyager Digital’s assets for $1.022 billion to return cryptocurrency to customers. Although the deal received court approval in April 2023, Binance.US withdrew later that month, citing a “hostile and uncertain regulatory climate” in the U.S.. These conditions could shift if a similar deal were pursued under a more favorable administration. coinpedia
