The digital real estate trading platform ALT DRX has completed a $3.6 million seed round financing

ChainCatcher news, the digital real estate trading platform ALT DRX has completed a $3.6 million seed round financing, including $1.6 million in equity and $2 million in redeemable mezzanine debt. The investors include Indian law firms, well-known family offices, startup founders, and unnamed executives from Singapore Development Bank, Ernst & Young, HSBC, Volvo, Salesforce, and others.

It is reported that ALT DRX is a startup based in Bangalore, India, that allows real estate asset owners to dematerialize their real estate ownership and convert it into tokenized tradable digital assets. (Source link)