VanEck Invests in DeFi Real Estate Platform Manifest

In a statement published on the social media platform X, the general partner at the Ventures Wyatt Lonergan and his partner Juan Lopez announced the company’s in MANCEEST, a platform that brings American real estate to decentralized financing (Defi).

Meanyst, which is “launched soon” according to its website, provides “ETF Tokeenized” $ USH (US housing) backed by home stock investments (Heis).

Lopez told Etf.com: “The statement is actually a pioneer of a new type of distinctive symbol in our view through the ETF diversification application on American real estate and its packing as a smart contract available via General Blockchains,” Lopez told Etf.com. “Unlike traditional ETFS trading on old stock exchanges, $ USH brings Blockchain benefits – liquidity, programming, and universal accessibility – to real estate exposure in a way that has not been done before.”

What is the most important in today’s announcement for ETF investors is that there will soon be an option to invest in various American real estate that is not related to real estate investment funds (Reits) or direct ownership, a clear founder Nathaniel Sokoll-Ward told Etf.com.

He added that instead of using a product like Vanguard Real Estate Etf (VNQ)When assets are mostly real estate rental companies, investors will be “the option to obtain direct exposure to shares, and direct exposure to the category of dominant real estate assets in the country: the residential property rights occupied by the owner.”

“$ $ $ From Meantest represents a major development that goes beyond the investment funds circulated in traditional real estate. By taking advantage of Blockchain technology, $ USH enhances liquidity, capital efficiency and tax benefits,” said Sukol-Award. “Unlike the public-circulating ETFS ReIT-for fluctuations, central management, limited trading hours and high fees-are $ USH on the entire series and are supported by home stock investments.”

He added that this structure “eliminates mediators, reduces fees, increases transparency and guarantees that all assets are fully guaranteed by real estate stocks.”

VNECK Ventures, who participated in the financing round before Manesest, was launched with a value of $ 2.5 million with Lattice Fund, by the fund’s giant last October.

The early stage of $ 30 million represented a VANECK expansion in the investment capital and was created to invest in “the founders of insight who work at the Fintech intersection, digital assets and artificial intelligence.”

“Distinctive financial products such as $ USH are the next step in asset management. It offers liquidity around the clock throughout the week, smooth global settlement and access to them, and direct programming,” said Lopez. “These are the features that have strengthened the growth in Defi and Stablecoins over the past few years, which are not simply owned by traditional investment funds. The developer cannot easily reach this type of asset and build a margin that enables the margin against, for example. Now they can.”