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.”

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

Rightmove Opt 1
Rightmove Appoints Former Just Eat MD, Matthew Bushby as Its New CMO

British market leader Rightmove has announced the appointment of Matthew Bushby as its new Chief Marketing Officer. Bushby joins the...

Read More
Shutterstock 603344765
Casai Merges with Fellow LatAm Short Term Rentals Specialist Nomah After Job Losses

The Mexican short-term rentals marketplace operator Casai has merged with its Brazilian counterpart Nomah. Existing investors including a16z and Monashees...

Read More
Shutterstock 147091049
REA India Sidesteps Agents with Country's First User Subscription Service - 'Housing Premium'

The REA India-owned real estate portal has announced the launch of a new user subscription service that aims to...

Read More
North Media Posts Q2 Financial Results—BoligPortal on Track

North Media, the media group and operator of Danish Portal BoligPortal, released its Q2 2022 financial report, with results "as...

Read More

Editor's Pick