UPRETS News | UPRETS’ Strategic Partner RedBlock Capital Launches its Digital Fund

UPRETS strategic partner RedBlock Capital has announced the launch of its digital fund based out of the Cayman Islands. This Fund has a target size of US$20 million with investors already committing US$5 million at the time of this announcement. UPRETS and Redblock aims to utilize this chance to further explore the realm of linking real world assets with the digital world through digital fund and other vehicles in a thorough manner.

The Fund leverages RedBlock’s extensive global network of partners spanning the entire blockchain ecosystem, from investors and founders who have worked with the General Partners in the past to large developer groups and media partners. With a strong presence in Asia, the Fund will assist projects to bridge the East — West gap and help quality projects grow and expand in the APAC region.

The Fund will invest across the blockchain stack, with a particular focus on Web 3.0 infrastructure, middleware solutions that solve some of the existing Layer 1 problems, DeFi and on-chain data analytics.

About RedBlock

RedBlock Inc is a digital investment and fintech firm leveraging blockchain technology for asset digitization and management, from issuance to secondary liquidity. Its global network of capital market participants, including issuers, broker-dealers, secondary exchanges, funds, liquidity providers and custodians, are supported by its end-to-end blockchain-powered asset management platform. RedBlock also manages an investment fund to support companies in its ecosystem that align with its investment thesis. With a growing track record and pipeline, the RedBlock team hails from top-tier global investment banks, venture capital firms and blockchain technology companies.

About UPRETS:

UPRETS is a platform focused on simplifying investment in real estate by advising on and digitalizing assets and securities.

We are dedicated to providing a convenient, legally compliant and advanced real estate digital securitization platform for property developers, asset owners and investors globally.

By utilizing our UPRETS platform, real estate developers and assets owners can create digital securities for their properties, providing investors with various low-barrier, secure and convenient forms of investments.

Backed by a publicly listed real estate conglomerate (NYSE:XIN) and our award-winning, patented blockchain technology, Xbolt, we bring a network, experience and luxury assets to the platform.

For more information about UPRETS,

visit https://www.uprets.io

LinkedIn: https://www.inkedin.com/company/uprets2019

Medium：https://medium.com/uprets

Twitter: https://twitter.com/uprets_io

Facebook: fb.me/uprets2019

MakerDao Forum: https://forum.makerdao.com/t/ost-1-mip6-application-by-uprets-real-estate-backed-digital-security/4438