RWA Leading Project Oraclizer Collaborates with India’s flexiProps on Real Estate Asset Tokenization
Grand Cayman, Cayman Islands, 6th Jul 2024 – The RWA tokenization project Oraclizer, led by CEO Jonghun Hong, has entered into a partnership with Challa Properties Pvt, Ltd. Established in 2004, Challa Properties operates the real estate fractional investment platform flexiProps, which services users in Dubai. The collaboration aims to tokenize Indian real estate on Oraclizer’s platform to facilitate trading.
flexiProps is a real estate-based crowdfunding platform targeting an annual return of 8-12%. The company owns properties in Chennai and northern Mumbai, India, and allows for fractional investment in these properties. Its primary users are based in Dubai, and the platform has successfully completed crowdfunding for several properties, securing many users and additional investment op...