ChainCatcher news reports that a CoinDesk investigation has found undisclosed related-party transactions in the real estate crypto project Tangible. The company's CEO Jagpal Singh's brother, Joshvun Singh, purchased properties at a discounted price through his company and then resold them to Tangible at a markup of up to 21%. This practice has been deemed lacking in reasonable justification by UK real estate experts.In October 2023, Tangible's USDR stablecoin faced a run, leading to the depletion of liquidity reserves, causing the coin's price to plummet from $1 to $0.50. CoinDesk's analysis indicates that the undisclosed markup may have resulted in losses of at least £875,590 for USDR investors, with actual losses potentially being higher.Tangible has stated that it is "working hard" to compensate USDR investors but has refused to answer detailed questions. The company currently needs to liquidate nearly 200 properties in the UK, with a total value of approximately £27 million, to repay investors.

According to ChainCatcher news and reported by CoinDesk, Bybit's content director Cyrus Ip recently expressed the view that Bitcoin is becoming a new area for wealth accumulation for the younger generation. In first-tier Asian cities like Singapore and Hong Kong, rising real estate prices make it difficult for millennials and Generation Z to replicate the wealth accumulation model of their parents through property. Bitcoin, as "virtual real estate," has a scarcity of 21 million units and high liquidity, requiring no large down payment.Data shows that young people are more open to investing in cryptocurrencies. Ip suggests that young investors consider allocating funds to Bitcoin but emphasizes that a long-term holding strategy should be adopted rather than speculative trading. He believes that this responsible investment approach may be key to building lasting wealth in an increasingly challenging financial environment.

ChainCatcher news, according to CoinDesk, asset management company Kin Capital will launch a $100 million tokenized real estate debt fund on the real-world asset center network Chintai.It is reported that the fund holds preferred real estate trust agreements, with an initial issuance size of $5 million, and plans for additional issuances in early 2024 and 2025. The fund is available to qualified investors, with a minimum investment limit of $50,000. The expected annual return rate for the fund is 14%-15%, distributed to investors quarterly.

ChainCatcher news, according to Decrypt, Donald Trump's second son Eric Trump revealed that the new crypto project is "digital real estate."Eric Trump stated, "This is fair. This is collateral that anyone can access and obtain immediately. I don't think people realize what a huge transformation this is for the banking and financial world. I hope we can help change that."

ChainCatcher news, the Lagos State Government of Nigeria has announced a real estate tokenization program that leverages blockchain technology to enhance the transparency, efficiency, and transferability of real estate transactions. The tokenization program will last for 16 months, led by the Ministry of Science and Technology, in collaboration with various agencies and partners. These agencies will utilize a budget of 500 million Naira (314,465 USD) allocated by the state government to support the program.

According to ChainCatcher news, Fox Business reporter Eleanor Terrett posted on the X platform that if real estate investor and Witkoff Group founder Steve Witkoff is involved in Little Trump's crypto project, then this project is likely a tokenized real estate project.Public information shows that Steve Witkoff is a real estate investment mogul in the United States, who successfully developed the 701TSQ building project in Times Square, New York, and has had business collaborations with Donald Trump in the early years.

ChainCatcher news, according to Cointelegraph, the cryptocurrency exchange Kraken conducted a survey of 2,191 U.S. residents aged 18 and older to understand their views on cryptocurrency investment. The results show that American investors believe cryptocurrencies have greater growth potential than traditional investment tools such as stocks, bonds, and real estate.Among them, 73% indicated that they are likely to invest in cryptocurrencies by 2025. About 45% expressed a strong interest in continuing to invest, while nearly 29% stated that they are "likely" to invest.

ChainCatcher news, the capital of Chhattisgarh, Raipur, has begun to bring real estate records onto the blockchain with the help of AirChains, an Indian zero-knowledge (ZK) rollup company.The Raipur Municipal Corporation manages the area, issuing over 8,000 building permits, engineering orders, and development licenses each year. Raipur Municipal Commissioner Abinash Mishra stated in an interview on Thursday that the corporation has put forward a tender to put its records on-chain, and AirChain has become a partner in this process.

ChainCatcher news, according to CoinDesk, Mantra Chain will tokenize $500 million worth of assets from Dubai real estate developer MAG Group.Mantra focuses on the Middle Eastern market and will tokenize the assets in multiple batches. The first batch of tokens will include a residential project, Keturah Reserve, which is being built by MAG in Meydan, Dubai. This batch of tokens will also package a $75 million luxury mansion from the "Dubai Creekside Ritz-Carlton Residences" development project. Investors will earn returns through stablecoins and Mantra's OM token. They are expected to receive an 8% return from the stablecoins, along with additional OM tokens.The two companies stated, "MAG and Mantra are discussing the specifics of the yield, such as which stablecoin will be used and the allocation of OM tokens." They added that final discussions will begin in the coming weeks.

ChainCatcher news, the Dubai-based blockchain real estate trading platform Directly has completed a $1 million financing round, with participation from Singapore venture capital firm V3V Ventures.Directly is currently exploring the integration of blockchain technology in the Dubai real estate sector. In addition to cryptocurrency transactions, Directly is also committed to enhancing the efficiency and transparency of the real estate market through blockchain technology, providing pricing and rewarding investment opportunities.

ChainCatcher news, the RWA tokenization protocol Blocksquare announced the tokenization of real estate assets worth 100 million dollars.Blocksquare stated that the EU land registry has for the first time notarized tokenized real estate transactions.

ChainCatcher message, data from Europol indicates that real estate, luxury goods, and cash-intensive businesses are the primary money laundering tools for major criminal networks in the EU, with cryptocurrency accounting for only a small proportion. Reports from Nasdaq and the U.S. Treasury show a significant disparity in the amount of illicit funds between traditional industries and the digital asset sector, with the latter representing only a small fraction of the total.

ChainCatcher news, according to CoinDesk, the real estate equity mortgage institution and tokenization platform Homium has completed a $10 million Series A funding round, led by Sorenson Impact Group and Avalanche's Blizzard Fund.It is reported that Homium is a real estate equity mortgage institution and tokenization platform that has launched its first home equity loan on Avalanche. Homium loans are currently implemented in Colorado and plan to expand to other states. As part of obtaining the loan, homeowners commit a portion of the appreciation in home value. For investors (i.e., those providing funds for the loan), they will receive a tokenized asset that tracks the appreciation of the shared appreciation home loan pool issued on Homium.

ChainCatcher news, according to UKTN, London-based blockchain property transaction tracking platform Coadjute has announced the completion of £10 million in financing, led by Lloyds Bank, with participation from Nationwide, NatWest, and real estate tech platform Rightmove.According to crypto data platform RootData, Coadjute was founded in 2018, and its blockchain platform allows real estate agents to track transactions. The company previously completed £4 million in financing in March 2023, led by Praetura Ventures.

ChainCatcher news, based on Solana, the real estate digital investment platform Parcl tweeted that the PRCL network token will be launched in April, with a total token supply of 1 billion, and the initial community airdrop will account for 7% - 8%. Users will be able to verify their eligibility on the Parcl website, and they will be notified once the eligibility checker and claiming tool are online. Additionally, the initial circulating supply is expected to be 10% - 12%, and Parcl plans to release detailed tokenomics information in March.