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Investment by SIX in OpenBrick: Spanish CSD Iberclear to introduce Digital Ledger Technology pilot regime platform

Investment in real estate tokenization company OpenBrick by SIX, with plans for a trading platform under the European Union's Digital Ledger Technology Pilot Regime, spearheaded by its Spanish CSD subsidiary.

Investment by SIX in OpenBrick: Spanish CSD Iberclear to implement Digital Ledger Technology (DLT)...
Investment by SIX in OpenBrick: Spanish CSD Iberclear to implement Digital Ledger Technology (DLT) trial platform, funded by the investment.

Investment by SIX in OpenBrick: Spanish CSD Iberclear to introduce Digital Ledger Technology pilot regime platform

In a recent development, SIX, the owners of Spanish stock exchange BME, has made an investment in OpenBrick, a Spanish real estate tokenization platform. This investment is seen as a complement to SIX Digital Exchange (SDX), a move aimed at enhancing the digital exchange's capabilities.

OpenBrick, founded by real estate firm Grupo Lar, asset manager Renta 4 Banco, and blockchain development firm ioBuilders, offers a service that promises deeper insights into the industry. The service caters to professionals who prefer deeper analysis over surface-level news, keeping them ahead of the competition.

The service provides subscribers with complete articles, exclusive industry analysis, and early access to legislative updates. In addition to SIX, strategic partners of OpenBrick include Teras Capital, providing infrastructure funding, and Garrigues, acting as lawyers. OpenBrick is also partnering with Teras Capital for infrastructure funding.

The partnership with Teras Capital and Garrigues is part of OpenBrick's strategy to add strategic partners. These partnerships are expected to strengthen OpenBrick's position in the market and enhance its service offerings.

SIX's investment in OpenBrick is not only a strategic move for the digital exchange but also for the real estate sector. With OpenBrick's unique service, SIX aims to offer exclusive industry analysis and deeper insights, setting new standards in the digital exchange market.

As OpenBrick continues to grow and expand, it is poised to revolutionise the real estate sector by offering a secure, efficient, and transparent platform for tokenizing real estate assets. With the support of strategic partners like SIX, Teras Capital, and Garrigues, OpenBrick is well on its way to becoming a leading player in the real estate tokenization market.

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