Venture Capitalist Giant Backs Blockchain-Based Propy

October 3, 2020
Share this Post: 

With everything going on in the world right now, news from the token sector has been quiet until now. Blockchain-based real estate transactions platform, Propy, has announced that Tim Draper, a venture capitalist giant, has invested in the company. 

Other investors include Second Century Ventures’ REACH program, Michael Arrington, Escrow Agent Japan, and a number of angel investors.

The real estate industry is in the midst of a technological transformation. This is the perfect time for blockchain-based platforms to jump into the mix. 

Natalia Karayaneva, Founder and CEO and Propy, said:

“My vision for Propy is to bring self-driving real estate transactions to the world, with all of the logistics seamlessly executed on the back-end. With Tim’s support, we are excited to bring much-needed change to the industry, satisfy consumers, and empower real estate professionals all over the world.”

Read more

October 3, 2020
Victoria has been writing about property portals and marketplace sites for Online Marketplaces for over 3 years. She is also our resident artist and is responsible for all of the infographic content on the site.

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Hiring Roundup 26 April
People Roundup: Lamudi Philippines, Private Property

This week's hiring roundup is shorter, but our two stories both come straight from the C-suite.   Lamudi Philippines hires...

Read More
Funding Roundup 26 April
Funding Roundup: Zefir, Jubenial

This week's funding roundup includes another iBuyer that is no longer an iBuyer, and an interesting marketplace for the older...

Read More
Product Roundup 26 April
Product Roundup: Zillow, Dubizzle, Lifull, Homming, Homesearch

The portal wars accelerated in earnest in this week's product roundup, while we've spotted two more "money-focused" updates from Dubizzle...

Read More
Nar Settlement To End Buyer Agent Commissions
Judge Approves $418M NAR Settlement—Buyer Commissions to be Eliminated?

In a major change to the industry, home sellers in the United States will no longer be required to offer...

Read More

Editor's Pick