Hedgehog launches two real-asset-backed tokens in New York

0

The investment app offers digital tokens that are backed by income generated, directly or indirectly, from real-world assets. The technology helps Hedgehog eliminate barriers to entry and allows eligible individuals to have more control over the investments they own.

Hedgehog, a blockchain-based investment app led by the co-founders of Partners Group and Goldman Sachs, has announced that it has gained exclusive access to a pipeline of real-world assets with a total value of over $1,000,000. $5 billion.

The two tokens made available represent investments in renewable energy infrastructure and commercial real estate, both in the New York metropolitan area. The offer is only available to eligible persons in the United States, United Kingdom and Switzerland.

Ron Lamb, co-founder of Hedgehog, said: “We are delighted to offer two more investment opportunities to eligible individuals registered on our platform. Our model is to offer investors the flexibility to choose between investments that deliver a different mix of benefits, to prioritize the outcomes that are most important to them as individuals: financial, social or environmental. »

The move responds to general criticism of cryptocurrencies for their lack of underlying value. Through its investment funds, Hedgehog offers eligible individual investors exposure to real-world assets, such as real estate and infrastructure.

As markets face greater volatility, real assets or tangible assets with intrinsic value have seen an increase in demand from institutions, including pension funds, which are increasing their ownership, according to a report by Bank of America Merrill Lynch released last year.

The tokens target a combination of steady income and growth, and will be available for purchase directly through the Hedgehog app, with a minimum investment of $5,000.

Both tokens represent indirect investments in real-world assets located within an hour of Manhattan, New York:

Industrial Warehouse @ i.Park 84 is a fully leased manufacturing building at i.Park 84, the former IBM East Fishkill semiconductor manufacturing plant located on 300 acres of land with over 3 million square feet of buildings.
Solar @i.Park Hudson is one of the largest rooftop solar arrays in the New York metro area: 3,700 solar panels covering 2.2 acres of roof that provide @i.Park Hudson tenants with a source of energy. ‘green energy.

Michael Ward, co-founder of Hedgehog, said: “We are aimed at investors who need some of the benefits that investing in valuable real-world assets can provide. Industrial Warehouse @ i.Park 84 is a source of stable cash flow and upside potential, while Solar @i.Park Hudson investors can earn regular income and support the transition to a low-carbon economy at the same time.

The investment app offers digital tokens that are backed by income generated, directly or indirectly, from real-world assets. The technology helps Hedgehog eliminate barriers to entry and allows eligible individuals to have more control over the investments they own.

Share.

Comments are closed.