Venture Capitalist Giant Backs Blockchain-Based Propy

October 3, 2020
Share this Post: 

With everything going on in the world right now, news from the token sector has been quiet until now. Blockchain-based real estate transactions platform, Propy, has announced that Tim Draper, a venture capitalist giant, has invested in the company. 

Other investors include Second Century Ventures’ REACH program, Michael Arrington, Escrow Agent Japan, and a number of angel investors.

The real estate industry is in the midst of a technological transformation. This is the perfect time for blockchain-based platforms to jump into the mix. 

Natalia Karayaneva, Founder and CEO and Propy, said:

“My vision for Propy is to bring self-driving real estate transactions to the world, with all of the logistics seamlessly executed on the back-end. With Tim’s support, we are excited to bring much-needed change to the industry, satisfy consumers, and empower real estate professionals all over the world.”

October 3, 2020
Victoria has been writing about property portals and marketplace sites for Online Marketplaces for over 3 years. She is also our resident artist and is responsible for all of the infographic content on the site.

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Redfinrocketacq
Rocket Agrees to Acquire Redfin for $1.75 Billion

Rocket Companies has entered an agreement with the brokerage Redfin for $1.75 billion after gaining approval from the Boards of...

Read More
Zoopla Marketing Op 1 1
Zoopla Appoints New CEO

British real estate portal Zoopla, part of Houseful, has appointed Paul Whitehead as Chief Executive Officer and made several other...

Read More
Shutterstock 1104283160 2
Southeast Asian Portal Operator Digital Classifieds Group Enters Administration

The online classifieds operator Digital Classifieds Group (DCG) has appointed an administrator and "registered liquidator" according to filings on the...

Read More
People Roundup 7Mar 3
People Roundup: KE Holdings, HousingAnywhere, CoStar, OLX Brazil

This week's People Roundup starts in China, with a big change at the very top of a real estate giant......

Read More

Editor's Pick