On Tuesday 3 September 2024, LetzToken, a Luxembourg-based platform specialising in tokenisation, and La Vie est Belle, the luxury real estate brand of Eurocom, announced a strategic partnership that "opens new avenues for investment in high-end properties".
La Vie est Belle is now offering a "unique" crowdfunding opportunity for Villa Roca in Roca Llisa, Ibiza. This contemporary villa, "seamlessly integrated into its natural surroundings", spans 667 m² with 430 m² of living space, featuring four bedrooms, five bathrooms and a swimming pool. The debt offering is valued at nearly €1 million.
Through LetzToken, this investment opportunity, previously reserved for institutional investors, is now available to a select group of private investors managed by the platform. Leveraging blockchain technology, LetzToken has fully digitalised the investment process, from client onboarding to debt token issuance and platform management. According to the partners, this "innovative" approach ensures enhanced transparency and efficiency in managing investments.
The partnership marks the beginning of an "ambitious" collaboration, with future projects already in the pipeline, aiming to further "revolutionise" luxury real estate investment.
(Pictured, L-R: Pierre Thomas, CEO and founder of Eurocom Capital - EMC SA; Jean-Paul Scheuren, founding member of LetzToken SA)