On April 19, 2024, in New York, BlockchainK2 Corp. announced a significant partnership between RealBlocks and Bosonic Securities LLC. The Memorandum of Understanding (MOU) between the two entities outlines a binding agreement regarding the listing, trading, clearing, and settlement of tokenized assets by RealBlocks on Bosonic’s Alternative Trading System (ATS). This collaboration will utilize Bosonic’s proprietary technology and infrastructure.
Rosario Ingargiola, CEO of Bosonic, commented, “Our partnership with RealBlocks is poised to revolutionize the real estate market by leveraging blockchain technology for seamless tokenization and trading of assets. This initiative will enhance market efficiencies and broaden access to real estate investments.”
Bosonic, Inc., specializes in developing innovative technology for the trading, clearance, and settlement of digital assets and digital asset securities. Their focus is on eliminating counterparty credit and settlement risk without relying on central counterparties or other balance sheet-dependent credit intermediaries.
RealBlocks currently manages over $77 billion in assets under administration, with its technology being adopted by RIAs and wealth management firms.