OpenLTV launches new Blockchain based Investment Platform to enable US real estate debt backed investments
OpenLTV, a company that offers fractional investment in loans secured by US real estate, recently announced the launch of its new investment platform, along with the partnership with Paxos. OpenLTV is bridging a transparent passive income platform for investors who want to gain benefit from exposure to U.S. real estate-backed debt.
It’s difficult to find out opportunities for investments from which one can get strong assets backed collateral or market-beating returns. The OpenLTV platform ensures that investors across the world can participate and get a chance to earn market-beating returns. Through OpenLTV, qualified investors can earn by simply investing in the fractional debt which is secured by the U.S. real estate.
The OpenLTV platform allows users to earn without owning the property. Users can invest with cryptocurrency and earn 8-12% return in a year. Further, OpenLTV will create its securities in the form of a security token on the Ethereum blockchain, offering fairness and easy secondary trade, which is an innovation in the Blockchain and real estate investment space.
OpenLTV Partners with Paxos
OpenLTV, apart from its launch, is partnering with Paxos, a company that deals with re-building the financial infrastructure. The objective of Paxos is to enable to move any assets anywhere, quickly and so democratize access to a new global, frictionless economy. With the help of this partnership, Paxos will be clubbed into the OpenLTV ecosystem and PAX stablecoin, which is pegged to the US Dollar will be used to make investments as well as interest payments.
“The OpenLTV platform will simultaneously allow us to tap into a global pool of investors and unused crypto-asset liquidity,” says Kirill Bensonoff, CEO of OpenLTV. “We are thrilled to be partnering with the Paxos team to bring a long-standing and secure investment option in the real estate industry to the financial future.”
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