• White-label tokenization platform for real estate DigiShares has partnered with Czech online real estate investing platform InvestBay.
• InvestBay will leverage DigiShares’ technology to tokenize real estate.
• Headquartered in Denmark, DigiShares made its Finovate debut at our online fintech conference in the spring of 2021.

Denmark-based white-label tokenization platform for real estate DigiShares has partnered with Czech online real estate investing platform InvestBay. Courtesy of the partnership, InvestBay will integrate DigiShares’ white label, real estate tokenization technology with its own platform that facilitates fractional property investments.

“We build InvestBay in such a way that it is similar to real ownership but in smaller fractions,” InvestBay CEO and Founder Daniel Rajnoch explained. “Investors benefit from two potential revenue streams: rental income and capital value growth over time. It is also hassle-free ownership, because InvestBay will take care of everything with their partners. This includes finding guests, maintenance, cleaning, checking guests in and out – all the usual headaches of fully owning a property.”

InvestBay’s “crowd-owning” model enables investment properties to be co-owned by tens or even hundreds of micro-investors. Geared toward holiday properties in Europe, investors can participate with as little as $107 (€100) and enjoy the use of the properties on preferential terms. Adding tokenization, according to Rajnoch, creates a “vehicle for enabling liquidity and creating equal opportunity access to this investment sector for smaller retail investors.”

Founded in 2018, DigiShares made its Finovate debut at our online fintech conference in the spring of 2021. At the event, the company demoed its white-label tokenization platform that digitizes and automates the processes involved in the financing of real estate projects. The platform enables users to fractionalize assets, companies, and funds down to $107 (€100); allows investors to pay in both fiat and stablecoin; and facilitates P2P and wallet-to-wallet trading without counterparty risk.

“We are very excited about collaborating with InvestBay on democratization of real estate investment and happy that they see our white label tokenization platform as a good fit for their requirements,” DigiShares CEO and Co-Founder Claus Skaaning said. “Together with InvestBay we share the vision that one day everyone will be able to invest in attractive real estate assets to longer term help close the global wealth gap.”

DigiShares’ partnership with InvestBay is the company’s sixth collaboration this year. DigiShares began 2024 teaming up with Danish real estate developer Coreestate and urban mobility solutions provider Custowner Mobility. Also this year, the company expanded its partnership with public permissioned blockchain network Polymesh (first announced in December), teamed up with Spanish proptech startup Equito App, and announced that it was collaborating with Polygon to create a decentralized ID framework for tokenization.

Photo by The Lazy Artist Gallery

• Digital asset tokenization platform DigiShares partnered with digital asset tax, accounting, and data platform Ledgible.
• The partnership will ensure greater accuracy and efficiency when assessing taxes for cryptocurrency and tokenized assets.
• Founded in 2018, DigiShares made its Finovate debut at our all-digital event, FinovateSpring 2021.

White-label digital asset tokenization platform DigiShares has inked a partnership with digital asset tax, accounting, and data platform Ledgible. The collaboration will give DigiShares issuers, investors, and their accounting teams greater accuracy and efficiency in the challenging area of crypto and tokenized asset taxation.

Specifically, DigiShares will send subscriber investment, trade, and distribution to Ledgible’s Digital Asset Tax and Accounting Platform. Ledgible’s platform then analyzes the economic and ownership activity and normalizes it to enhance CPA-led preparation of Forms 1065 and 1120, Schedule K-1, and other tax returns. The technology assesses digital asset tax liability and provides that data to the customer’s accounting system.

“With the growing adoption of crypto and tokenized assets, tax gain and loss accuracy and efficiency in this new, complex environment is critical for each participant in the tokenized asset ecosystem,” Ledgible CEO Kell Canty said.

Founded in 2018, DigiShares made its Finovate debut at our all-digital event FinovateSpring 2021. The company, headquartered in Denmark, demoed how its technology provides automation and liquidity for real estate via its digital asset tokenization platform. DigiShares digitizes and automates both the processes related to financing of projects as well as ongoing corporate management and ownership. In addition to real estate, use cases for the company’s digitization technology include payments, KYC, e-signing, investor management, and legal processes.

“This collaboration opens new possibilities for our clients in managing digital assets, enabling them to stay compliant and confident in their tax and accounting practices,” DigiShares co-founder and CEO Claus Skaaning said.

2023 has been a busy year of partnerships for DigiShares. This spring, the company announced collaborations with cryptocurrency company TFC Services, Spanish real estate discovery solution Equito App, alternative trading system (ATS) company Oasis Pro Markets, and chartered trust company Fortress Trust. Earlier this month, DigiShares teamed up with Texture Capital to help boost liquidity opportunities for tokenized real-world assets (RWAs).

Photo by Oleksandr Canary Islands