Brikyland Technologies and Inovartic Investments have signed an agreement to establish a strategic partnership for collaborative work on real estate tokenization in the UAE.
Strategic Partnership of Brikyland and Inovartic
The agreement between Brikyland Technologies, a blockchain-based real estate tokenization platform, and Inovartic Investments, an investment firm based in Abu Dhabi, aims to jointly develop tokenization technologies for real estate and green assets in the UAE. The partnership will operate in full compliance with the evolving regulatory environment of ADGM concerning virtual assets and digital finance.
Objectives and Innovations of the Joint Venture
Key objectives of the new partnership include:
1. To develop a tokenization platform for premium real estate and green assets in the UAE. 2. To create compliant fractional ownership structures using blockchain and smart contracts. 3. To introduce innovative investment vehicles aligned with sustainability principles. 4. To collaborate with regulatory bodies to ensure alignment with national digital asset policies.
Executives' Opinions on the Initiative
Anwar Hussein, Managing Partner and Co-founder of Inovartic Investments, stated: "This partnership with Brikyland Technologies is a natural extension of our vision to drive the next generation of asset-backed investment solutions rooted in transparency and sustainability."
Dr. Dang Ha Lam, Founder and CEO of Brikyland Technologies, added: "Our technology is designed to make real estate and green assets more accessible and tradable."
This joint venture aims to develop new models of investment in real estate and sustainability in the UAE, reflecting both companies' commitment to innovation and collaboration.
