Blockchain stock tokenization platform Tabla collaborates with Ricard to launch a tokenized real estate fund

ChainCatcher news, Australian real estate investment company Ricard Group has partnered with blockchain stock tokenization platform Tabla to launch the tokenized BRX Property Fund. The fund offers investors two options: one is to gain equity through the BRXP token, and the other is to receive debt interest through the BRXC token.

Specifically, the BRXP token is redeemable preferred stock representing equity in the fund. It is issued through BRXP digital certificates at a price of 100 AUD each, allowing investors to receive regular income and potential capital gains from the held real estate assets. On the other hand, the BRXC token is issued as redeemable convertible notes in the form of digital certificates, priced at 100 AUD each, representing loans or borrowings, and investors in the BRXC token can receive debt interest. (source link)