German Real Estate Giant Bauwens Invests In Blockchain Firm Fundament Group

Blockchain, Investing, News | October 10, 2019 By:

German real estate giant Bauwens Group has acquired a 15 percent stake in Berlin-based blockchain firm Fundament Group.

Fundament Group is an end-to-end security issuance solution for asset tokenization. The company claims to offer the first Real Estate Token fully approved by the German Financial Market Authority (BaFin) that represent a portfolio of German Commercial Real Estate – which generates a planned annual yield of 4% plus returns from possible sales revenues.