Sure! Here’s the translation into American English:
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The Barcelona-based startup Equito has achieved an important milestone by tokenizing over 100 properties and managing a capital of 22 million euros. This advancement comes at a time when interest in digital real estate investment has been increasing and sets the foundation for a new funding round backed by venture capital funds.
Equito has positioned itself as a leader in the regulated real estate investment ecosystem in Europe, standing out for obtaining approval for its first issuance under the recent European regulation. This achievement marks a significant shift in how European citizens can invest in real estate, democratizing access to opportunities that were previously limited to institutions.
Robin Decaux, CEO and co-founder of Equito, highlighted the significance of this development, stating: “This is not just another fintech milestone; it marks the beginning of the largest democratized real estate investment platform in Europe.” The data is revealing, with 123,000 active users and an average monthly return of 8.5%. Additionally, the startup has returned over 2 million euros to its investors through its liquidity system.
Equito has ambitious plans for the future, projecting to reach 716 properties and 183 million euros in tokenized assets by 2027. The company aims to scale to 4,600 properties and 1.5 billion euros in assets under management by 2030, based on its mission to build a more accessible and liquid real estate market in Europe.
One of the factors contributing to Equito’s success is its collaboration with a Responsible Registration Entity (ERIR), ensuring that all its issuances comply with the strict standards of MiFID II and Spanish Securities Law. This regulatory framework provides investors with a crucial level of security and transparency in an environment characterized by innovation and digitization.
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Source: MiMub in Spanish
