O
slo, Norway and London, UK – November 13, 2024 – Reltime, a pioneer in Web3 and blockchain technology, is teaming up with ISON project to revolutionize the real estate market. This groundbreaking €150 million initiative will tokenize four major construction projects, making high-value properties accessible to investors worldwide.
Reltime's Real-World Asset (RWA) Tokenization Platform enables global investors to purchase digital tokens representing shares in these significant Norwegian properties. By leveraging blockchain, tokenisation ensures transparency, security, and flexibility for all investors.
The project offers a unique two-stage approach: investors can participate in the construction phase, gaining early access to the projects' value, and then continue to buy, sell, or hold their fractional property shares upon completion.
Key benefits of this tokenized real estate platform include:
* Global Access: International investors can seamlessly trade and own shares in Norwegian real estate without traditional barriers.
* Daily Rental Income: Token holders earn rental income once properties are operational, providing steady passive income.
* Liquidity and Appreciation: Property tokens are tradable on a global marketplace, allowing investors to liquidate or hold them as their values appreciate.
* Community-Driven Governance: Investors have a say in key property decisions through voting rights associated with their tokens.
* Professional Management: Professionals manage each property, offering a hassle-free investment experience.
This collaboration brings Reltime's state-of-the-art Web3 infrastructure to the forefront of real estate investment, setting the stage for a global expansion. The 30+ properties in the Oslo Fjord region will be the beginning of a larger initiative to tokenise and offer frictionless ownership for high-value real estate assets worldwide.
"This partnership represents a new era for real estate investment, enabling people from all walks of life to participate in property ownership in ways never before possible," said Marlene Julo, CEO of Reltime. "Our Real-World Asset platform will unlock unparalleled access to the lucrative Oslo Fjord property market, democratising real estate investment on a global scale."
Anders Dybvik, CEO of Norwegian Holdings Ltd., echoed this vision, focusing on the company's dedication to sustainable and premium developments across the globe. "We're excited to adopt tokenisation as a means of making property ownership more accessible and liquid, which enhances the appeal and reach of our high-value properties; with the initial project valued at over $150 million, this collaboration marks a significant step in making premium assets more attainable and flexible for investors worldwide."
With over 3 million users benefiting from Reltime's blockchain technology, this collaboration will extend the platform's reach even further. The goal is to build a truly global marketplace where anyone can invest in prime real estate, regardless of location or financial standing.
Reltime's platform, soon available at www.reltime.com, will make it easy for investors to access real estate markets and manage their portfolios from anywhere in the world. It uses the latest advancements in Web3, AI, and blockchain technology.
About Reltime
Reltime is a leader in the financial and digital services industry with its cutting-edge Web3 platform. The company has developed its own Layer-1 Proof of Authority Blockchain, which boasts zero transaction and gas fees. Reltime's award-winning platform offers various applications, including non-custodian wallets, SuperApp, loyalty programs, payment solutions, lending services, QR codes, CBDCs and digital fiats, and utility tokens for financial, telecom, retail, technology and manufacturing sectors.
About ISON
ISON (Norwegian Holding Limited) is a leading real-world asset development and investment firm, managing premium properties in prime locations worldwide. Their expertise encompasses both commercial and residential projects, with a commitment to sustainable, high-value developments. The ISON project is owned by Norwegian Holdings Limited (UK), with a total real estate portfolio valued at over $150 million.
For more information about Reltime AS, visit https://www.reltime.com/
For media inquiries, please contact Marlene Julo, CEO Reltime, [email protected] or Anders Dybvik, CEO, Norwegian Holdings Ltd., [email protected]
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