Today blockchain startup Securitize announced the issuance of its first European Union security token for equity in the Spanish real estate investment trust (REIT) Mancipi Partners. Securitize is currently operating within the sandbox of the Spanish securities regulator CNMV, with plans to start trading the digital securities in September.
The token is minted on the Avalanche public blockchain where the Foundation earlier this week said it would invest $50 million in tokenized issuances.
The Mancipi Partners REIT was incorporated this year and aims to raise €150 million to invest in property in the health sector.
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