Categories: News

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.”

Image Source: Unsplash


Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity

Did you like the news you just read? Please leave a feedback to help us serve you better

Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.

Shrikar Parashar

Shrikar is a Blockchain evangelist. He is a die-hard fan of security tokens. He follows the market closely but does not trade. He believes in Hodling.

Share
Published by
Shrikar Parashar

Recent Posts

TXSE Leadership Shift Sparks Blockchain Boom in Texas Markets

The finance world is buzzing with news of fresh leadership at TXSE. This move brings…

1 day ago

Credit Unions Gain Powerful New Tool for Navigating State Crypto and Blockchain Rules

In today's fast-changing financial world, credit unions face growing pressure to understand and follow rules…

2 days ago

XRP Price Outlook: Will Ripple Token Trade Below One Dollar by 2030?

XRP Price Outlook: Will Trade Below by 2030?The world of crypto moves fast, and many…

3 days ago

Ben McKenzie Calls Crypto the Biggest Ponzi Scheme and Slams Trump Meme Coin Crash

Ben McKenzie Calls Crypto the and Slams Trump Meme Coin CrashActor Ben McKenzie has once…

3 days ago

The CLARITY Act Breakthrough: How Clear Rules Could Lift Bitcoin and Speed Up Stablecoin Payments

The Breakthrough: How Clear Rules Could Lift Bitcoin and Speed Up Stablecoin PaymentsThe crypto world…

4 days ago