Hansecoin launches its platform to tokenise hard assets such as real estate

“And the sea will grant each man new hope, as sleep brings dreams of home.” While this was never actually uttered by Christopher Columbus…

‘Following the light of the sun, we left the Old World.’ — Christopher Columbus

Oct 8. Tallinn, Estonia: Today, Hansecoin brings tangible value to the cryptospace by introducing the tokenisation of hard assets. Hansecoin has launched a compliant token platform that enables the creation of ABTs for all types of tangible underlying assets, providing investment access into traditionally illiquid assets.

With longstanding experience in structured finance, tech, and real estate, the Hansecoin founders and their team are building the infrastructure to bring project financing onto the blockchain. Starting with its Virtual Project Access Token, geared toward real estate assets, Hansecoin provides investment access into traditionally illiquid assets.

Many small to mid-cap companies lack development capital for projects between EUR 1.5 to EUR 10 million. This ‘Funding Gap’ exists in nearly all markets and has been notoriously difficult to fill. Hansecoin is designed as a solution to this historically difficult to solve problem.

Dr. Chris Kacher, co-founder and board member of Hansecoin said: “We address the significant gap between two areas of capital raise. At the lower end, we have current small enterprise banking, friends and family investment, and crowdfunding which focus on a capital raise of typically under EUR 1.5 million. At the high end, large scale project financing, investments by existing listed funds, wealth managers and exchange listings which focus on capital raise above and beyond EUR 10 million. With Hansecoin we position ourselves in the funding gap between the two extremes.’

Hansecoin has structured a viable tokenisation approach and is building the Asset Backed Tokenisation (ABT) platform to fill the funding gap. It will use knowledge from financial markets and deal structuring, using tokenization to streamline capital flows in multiple markets. Blockchain is becoming a viable means to this end.

In close collaboration with its regulated crypto exchange partner, CoinMetro, Hansecoin is building the software and infrastructure platform which will tokenise the first use case, a midsize real estate development project.

Dr. Kacher concludes: “We believe the Gap can be closed by lifting constraints through market forces. This is achieved by providing direct, cost effective access to projects with real value and their developers. Tokenizing hard assets employs the benefits of the blockchain allowing fragmented ownership or participation in future development gains, bringing fresh liquidity, market pricing, and momentum into an underserved segment. Making the tokenisation compliant with regulation and creating a new market segment ultimately allows blockchain innovations to match tokens with real assets.”

While we are using the ERC-223 platform, we are ready to onboard bitcoin’s Rootstock as it may prove more secure given bitcoin’s massive network effect. Rootstock has already shown itself to be superior in terms of speed and cost compared to Ethereum.

Hansecoin’s first token launches today, further information is available via www.hansecoin.com

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