
Revolutionizing Real Estate
Homium has launched its pioneering home equity loans service on the Avalanche blockchain. By tokenizing real-world assets (RWAs), such as home equity loans, Homium is at the forefront of a movement anticipated to flourish, with the RWA market potentially hitting $10 trillion in the current decade. This innovative approach could transform homeownership and investment in real estate.
Expanding Horizons
Starting in Colorado, the Homium platform has set its sights on expansion to further states. Through this system, homeowners can leverage the future value of their property, while investors gain access to a novel asset that mirrors the value appreciation of a shared pool of home loans. The service aims not only to unlock home equity but also to tackle the broader challenge of affordable housing.
Strategic Investments
Alongside aiding homeowners and investors, Homium is carving out a new niche for institutional investors with digital securities grounded in homeowner equity, promising a source of inflation-protected returns. This company development is backed by a hefty $10 million Series A funding and the strategic purchase of tokenized assets by Avalanche's ecosystem fund, underlining the significant potential of asset tokenization on the blockchain.
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