VanEck Ventures spearheaded a $2.5 million funding round for Manifest, a firm focused on tokenizing real estate, marked as one of its foremost investments since the fundโs 2024 inception.
This investment heralds a potential shift in accessibility for U.S. real estate, bridging traditional finance with cryptocurrency, as Manifest aims to transform the tokenization landscape.
Manifest Secures $2.5M to Expand Real Estate Access
Manifest, spearheaded by Nathaniel Sokoll-Ward, secured funding from VanEck Ventures, totaling $2.5 million. The company focuses on tokenizing U.S. real estate, aiming to enhance global accessibility via blockchain. โThrilled to announce our $2.5M pre-seed round led by @vaneck_us Ventures. Weโre bringing institutional-grade US real estate onchain, making it globally accessible in under 30 seconds.โ โ Nathaniel Sokoll-Ward, CEO, Manifest.
Prominent investors like Lattice Fund and Compound also participated. Manifestโs $USH token seeks to revolutionize real estate investing by offering global, real-time, and tax-efficient access.
Growing Interest in Real Estate-Backed Crypto Assets
The latest price data indicates that various real estate-backed tokens are gaining traction, as interest in blockchain investments grows. Investors see these tokens as a crucial bridge between traditional and cryptocurrency markets.
Experts highlight potential financial benefits and technological advancements from projects like Manifest. Analysts anticipate enhanced market liquidity and transparency, leveraging blockchainโs strengths in trust and accessibility.
Manifest Aims to Solve Scalability in Real Estate Tokens
Historically, real estate tokenization initiatives have garnered attention yet faced challenges in scalability. Manifestโs approach promises innovations, echoing earlier financial market shifts towards digital assets.
Experts point to data showing the potential for optimized cross-border investments. Historical trends suggest that blockchain could offer unprecedented access to U.S. real estate, benefiting global investors.