REASSAS Services has signed a deal that will give Consortia Inc., a San Francisco blockchain company, access to an exclusive area for creating referrals in the United States from the REASSAS platform.
The deal means RESSAS will issue a first-to-market, patent-pending title token developed by Real Estate Consortia for every property in the United States and Canada.
The agreement was signed last week, and as part of it, RESAAS and Real Estate Consortia have engaged San Francisco based Investment Bank, US Capital Global, to raise up to US$7 million through convertible notes for the joint venture partnership.
"We are excited to enter a joint venture with Real Estate Consortia, and bring to market a compelling use of tokenization for the real estate sector," said chief executive officer, Tom Rossiter.
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