Real estate equity mortgage institution and tokenization platform Homium has completed a $10 million Series A financing, led by Sorenson Impact Group and others
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.