The first fund of crypto real estate is created.

The first fund of crypto real estate is created.

Germany sets an example in crypto sphere. The first crypto real estate fund has been created there.

Due to rapid growth and new format cryptocurrency is considered as one of the most risky investments. At the same time real estate sphere is one of the most traditional and reliable areas of business. What can give a combination of these two spheres? Germany is ready to demonstrate the pilot project - the first mixed crypto real estate fund BREBCO 1.

On the one hand, the fund is about to invest in authoritative digital assets, such as bitcoin and ether. On the other hand the significant portfolio part will include investments in real estate, mostly commercial one. In addition to the capital of participants, BREBCO 1 intends to invest in the funds borrowed from banks. In total, the fund intends to attract about 40 million euros.

The hybrid fund promises to its clients 15% per annum in the next 7 years. This is less than they  can get, investing only in cryptocurrency, but more reliable. At the same time it is still more than investing only in real estate.

https://cryptobotanika.ru/novosti/2018/04/25/smeshannyi-fond


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