ChromaWay, a Swedish relational blockchain platform for Defi and other dapps, announced that it has invested €2.1M in an Amsterdam-based investor management platform, Bloqhouse Technologies. The announcement comes three months after announcing partnership to bring innovative tokenisation solutions to the real estate industry.
With this move, ChromaWay and Bloqhouse have developed a joint offering focused on digital asset investing through distributed ledger using the Chromia blockchain.
The partnership is expected to provide users with more transparency on the ledger and access to liquid assets initially via peer-to-peer transactions. In addition to the investment, ChromaWay also announced the joining of the first two customers of the joint offering.
- Immotokens – a Belgian based platform that makes use of the Chromia blockchain, the Chromia wallet (Chromia Vault) and Bloqhouse as a white-label software provider. The solution will launch in June, 2022.
- Fund.me – A US-based provider of investment capital, and is built to empower the next generation of real estate entrepreneurs. The joint solution will enable Fund.me to accelerate its growth by enabling crypto investors to allocate towards lower-risk-higher return real estate assets.
Bloqhouse Technologies: What you need to know
Bloqhouse is on a mission to make investing accessible to anyone, anywhere. The Dutch platform provides a cloud-based, one-stop-shop funding platform that meets all the current and future needs of fund managers, investment funds, and companies looking to raise capital.
By digitalising the funding pipeline, the company makes raising capital more cost-efficient.
Tim Rutgers, CEO of Bloqhouse Technologies, says, “We’re excited about our continued partnership with ChromaWay, which gives us the opportunity to develop innovative solutions for the market. This investment allows us to scale internationally and accelerate our growth. Moreover, by utilising ChromaWay’s distributed ledger technology, we can provide a transparent and fully inclusive platform to fund managers worldwide and thus facilitate the future of fund management and investing.”
ChromaWay: What you need to know
Based out of Stockholm, ChromaWay is a relational blockchain platform, a new blockchain architecture that combines the power and flexibility of a relational database and the fault-tolerant decentralised security of a blockchain.
Though ChromaWay builds solutions across industries, the company specialises in the real estate and property registration space through projects with the Swedish Land Registry, and in Peru, Paraguay and Bolivia funded by the Inter-American Development Bank.
“We are very pleased about partnering with Bloqhouse. Their fund management platform combined with our experience in the blockchain-based property sector makes a compelling
solution for the next generation of investors and fund managers”, says Henrik Hjelte, CEO and co-founder of ChromaWay.