Parcl Expands Its Actual Property Frontier: Launches Further Tradable Indexes for Main US Cities Together with Austin, Chicago, Seattle, and Boston

Parcl’s market enlargement will increase entry to traders in search of publicity to actual property costs through Actual World Asset (RWA) Indexes

Parcl, the main blockchain-powered actual property buying and selling platform, introduced in the present day the launch of Austin, TX, to its ever-growing checklist of tradable metropolis indexes. Along with Austin, Parcl not too long ago launched indexes for Boston, Atlanta, Philadelphia, Chicago, Seattle, Denver, Portland, and Washington, D.C., greater than doubling its market pool for traders.

Parcl makes investing in a complete metropolis’s residential actual property market doable, unlocking entry to high-demand markets like New York, Los Angeles, and Miami. Parcl merges actual property and DeFi to amplify entry and portfolio diversification alternatives for merchants world wide.

Including Austin, one of many fastest-growing housing markets within the U.S., solidifies Parcl’s dedication to offering a broad spectrum of high-potential markets to merchants. This will increase investor entry to 16 dynamic tradable markets and builds upon Parcl’s mission of accelerating entry to actual property investing on a world scale.

“Actual property is the most important asset class on this planet – the most important funding many individuals will make of their lives. It’s additionally the market that has the bottom liquidity and the best limitations to entry,” mentioned Trevor Bacon, Parcl CEO and co-founder. “Integrating these high-demand markets signifies Parcl’s dedication to steady progress, offering merchants entry to numerous and burgeoning markets.”

Constructed on Solana – a blockchain designed for decentralized, scalable functions – Parcl facilitates real-world actual property trades in actual time. The platform’s fast progress since its launch in February demonstrates important market want for innovating round actual property investing.

“Austin’s integration supplies merchants with one other dynamic actual property market to diversify their portfolio,” Bacon mentioned. “This transfer is in step with Parcl’s aim to boost market entry and person engagement, as evidenced by all-time highs in person exercise, open curiosity, and buying and selling quantity on the decentralized buying and selling utility.”

The addition of extra North American cities is on the close to time period horizon, with international cities following shortly thereafter. Parcl’s illustrated market progress builds upon its aspiration of turning into the best platform for international actual property buying and selling, and illustrates its dedication to the core mission of constructing actual property investing accessible to everybody, in every single place.

Parcl is designed which options enchantment to the fashionable traders, providing excessive liquidity, low transaction charges, and no minimal funding necessities. Merchants can now commerce actual property indexes as effortlessly as Bitcoin, Ethereum, or different crypto belongings.

About Parcl

Parcl is a DeFi actual property buying and selling platform revolutionizing the way in which people globally interact with actual property funding. Combining the strengths of blockchain know-how with conventional actual property, Parcl provides a easy, environment friendly, and accessible actual property buying and selling expertise.

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Will Leatherman
[email protected]

Originally posted 2023-06-15 14:48:04.