BrickBlock teaming up with great partners, with first Real estate investment soon happening! Congrats guys!
So where does JTC fits in: Brickblock is a technical service provider for real estate investments on the blockchain. Brickblock clients are the asset providers, and JTC will support select investment processes as the legal custodian of issued shares (also known as the nominee).
Brickblock Limited has partnered with JTC Group, a global and publicly listed provider of fund, corporate, and private wealth services to institutional and private clients, to facilitate real estate investments in cooperation with Brickblock’s real estate clients. JTC is also responsible for holding investors’ funds in escrow and clearing eligible investors, and will provide administration services to the structure of investments. Furthermore, the company will sit on the board that manages select real estate assets provided by Brickblock clients. JTC therefore plays an integral role in Brickblock’s effort to facilitate real estate investments in a way that’s cheaper, more efficient, and more accessible than via traditional financial institutions.