TRX City Real Estate Group was set up in August 2022 in Kuala Lumpur, Malaysia. TRX City Real Estate Group raised USD 67 million from high-net-worth financial backers and bought more than 148 pre-rented business units in Southeast Asian countries. The motivation behind why TRX City Real Estate began in southeast Asian locale as properties order a high rental yield even though the venture edge is low. With rapid urbanization and development, land prices in these countries can only increase, which will drive property prices higher in the future.
TRX City Real Estate Tokenization Exchange gives an investor partial ownership of the property through blockchain technology. The technology divides a property or a resource into digital tokens - smaller representative units of a property, each of tangible value- which in actual numbers might be bought by an investor who will subsequently acquire partial responsibility for the property.These tokens represent an interest in real estate or an attempt to raise capital for venture improvement.
Cryptocurrency exchanges are platforms that exchange digital forms of money for different resources, including computerized and government-issued types of cash. In effect, cryptocurrency exchanges intermediaries between purchasers and dealers and bring in money through commissions and exchange charges.
TRX City Real Estate Blockchain is a digitized record that democratizes access and builds trust by being a solitary source of truth. This has huge ramifications for real estate investors. Blockchain is frequently mistaken with cryptocurrencies like bitcoin. Bitcoin is a cryptocurrency that uses Blockchain Blockchain as its technology to work. Blockchain empowers the following of exchanges and records across a disseminated organization of computers.Blockchain builds trust as it goes about as a record conveyed across various computers that are unalterable and available to all.
TRX City Real Estate started its Real Estate operations in Kuala Lumpur, Malaysia
TRX City Real Estate raised $67 Million USD from high networth investors
Acquired 148 commercial units in southeast asian nations
TRX City Real Estate launched TRX City Real Estate
Listing of ERT on Exchanges
