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DGAP-News News vom 03.04.2019

iFunded is the first real estate investment platform in Europe to accept crypto currencies as payment methods

DGAP-News: iFunded by iEstate GmbH / Key word(s): Cryptocurrency / Blockchain

03.04.2019 / 08:19
The issuer is solely responsible for the content of this announcement.


  • First project already live
  • Acceptance of Bitcoin and Co. first step of blockchain integration
  • In future also securities transactions via blockchain
  • Money laundering is prevented

Berlin, 03 April 2019 - iFunded is the first real estate investment platform in Europe on which investors can invest in real estate not only in euros but also in crypto currencies. With at present converted more than 100 billion euro of capital in crypto currencies, iFunded opens thereby also to this large circle of potential investors. With the acceptance of crypto currencies as means of payment now also international investors can invest completely simply into German real estate projects.

Crypto investors open large potential

Bitcoin alone has a market capitalisation of around EUR 74 billion. With Ether it is a further 15 billion euros. This underlines the resulting potential for iFunded. "Our platform is now also interesting for owners of crypto currencies who want to leave this market because of the strong fluctuations at Bitcoin and Co. Real estate investments on iFunded are not affected by fluctuations and the investor receives a fixed interest rate," says Michael Stephan, founder and managing director of iEstate, the operator of iFunded.

First step of blockchain integration

"The acceptance of Bitcoin and Ether as payment methods is the first step in the integration of blockchain technology on our platform," says Stephan. The next step is to offer regulatory approved Security Token Offerings. With Security Token Offerings, real estate developers can reach an extended circle of investors.

In the future, securities transactions via blockchain will also be possible.

"In the real estate business there are still many middlemen who cause additional costs and are no longer necessary due to the blockchain. This makes the processes more cost-efficient. Our goal is to also use the blockchain for securities transactions", says Stephan. The detailed plans can be found in the Whitepaper, which can be requested at iEstate.de.

Investing in real estate with Bitcoin and Ether

By accepting crypto currencies as a means of payment, investors can now invest their capital in real estate on iFunded with Bitcoin and Ether. As soon as the desired investment amount is paid, the investor chooses whether to pay with Euro, Bitcoin or Ether.

Protection against money laundering

As with payment in euros, investors must prove their identity when paying with crypto currencies and go through the so-called know-your-customer process at iFunded. In addition, a strict compliance framework is in place, using industry-standard tools and guidelines that are parallel to the practices of financial service providers. This ensures that the transferred coins do not originate from illegal transactions.

"In many investment opportunities with crypto currencies, the investor remains anonymous. In order to prevent money laundering and because iFunded attaches great importance to transparency, we identify every single investor, even if he or she invests in crypto currencies," says Stephan.

First Investmentchance already live

ERFURT PORTFOLIO 1 is the first project in which investors have been able to invest in crypto currencies since 1 April 2019. It is a portfolio of residential and commercial properties in Erfurt and the surrounding area. Investors receive annual interest of 5.5%, which is paid semi-annually. More than 50% of the project has already been financed.

About iFunded:

iFunded is a Berlin-based digital real estate investment platform using state-of-the-art blockchain technology to make global real estate investments easily accessible, transparent, tradable and affordable for institutional and private investors. iEstate GmbH operating the www.ifunded.de platform, was founded in 2015 and is backed by Creathor Ventures, a leading German venture capital firm. iFunded recently raised EUR4 million in a pre-Series A financing round.

iEstate GmbH, has a licence as financial investment broker according to § 34f paragraph 1 no. 1-3 GewO as well as § 34c GewO. iEstate Securities GmbH, a 100 % subsidiary provides investment brokerage and structuring of securities and acts as a "tied agent" within the meaning of Section 2 (10) of the German Banking Act (Kreditwesengesetz) for the account and under the liability of NFS Netfonds Financial Service GmbH, a Hamburg based bank.

Press contact
iFunded by iEstate GmbH
Uhlandstr. 175
10719 Berlin
info@ifunded.de
www.ifunded.de
Tel.: +49 (0)30 - 555 728 550



03.04.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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