{"id":2689,"date":"2024-05-23T15:19:54","date_gmt":"2024-05-23T08:19:54","guid":{"rendered":"https:\/\/thaipropertynews.com\/feeds\/?p=2689"},"modified":"2024-05-23T15:19:54","modified_gmt":"2024-05-23T08:19:54","slug":"dynasty-globals-d%c2%a5n-to-become-brickmark-groups-payment-token","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=2689","title":{"rendered":"Dynasty Global&#8217;s D\u00a5N to become BrickMark Group&#8217;s payment token"},"content":{"rendered":"<p>Crypto Valley: Two pioneers open up the global real estate market<\/p>\n<p>     D\u00a5N -issuer Dynasty acquires stake in tokenization service provider BrickMark   Settlement of the investment of <span class=\"xn-money\">CHF 10 million<\/span> with Dynasty payment tokens   Tokenization of real estate worth <span class=\"xn-money\">CHF 1.5 billion<\/span> planned through BrickMark    <\/p>\n<p>S\u00c3O PAULO and ZUG, <span class=\"xn-location\">Switzerland<\/span>, <span class=\"xn-chron\">May 23, 2024<\/span> \/PRNewswire\/ &#8212; Tokenization pioneers Dynasty Global Investments AG (Dynasty) and BrickMark Group AG (BrickMark), based in Zug\/<span class=\"xn-location\">Switzerland<\/span>, today signed an agreement under which BrickMark will integrate the D\u00a5N payment token issued by Dynasty into its tokenization platform for real estate. In return, Dynasty will acquire a strategic stake in BrickMark. The investment totaling <span class=\"xn-money\">CHF 10 million<\/span> will be part of the Series A financing of BrickMark and settled mainly with Dynasty&#8217;s payment token and cash. The financing is expected to close by the end of <span class=\"xn-chron\">June 2024<\/span>.<\/p>\n<p>This transaction represents a significant step for both companies as part of their growth strategy on the global property markets. The real estate-focused payment token D\u00a5N issued by Dynasty is going to take on a leading role for tokenized real estate transactions in the future. From now on, real estate tokenized through the BrickMark platform can be traded with D\u00a5N without any further effort.<\/p>\n<p>BrickMark is set to tokenize real estate assets worth over <span class=\"xn-money\">CHF 1.5 billion<\/span> on its platform in the coming months, with CHF 400\u00a0million of these assets already sourced from Dynasty&#8217;s network. Through its tokenization platform BrickGate, BrickMark is already active in <span class=\"xn-location\">Switzerland<\/span>, <span class=\"xn-location\">Germany<\/span>, <span class=\"xn-location\">Austria<\/span>, <span class=\"xn-location\">Luxembourg<\/span>, <span class=\"xn-location\">Hong Kong<\/span>, the <span class=\"xn-location\">United Arab Emirates<\/span>, and across the African continent. The collaboration with Dynasty will significantly extend BrickMark&#8217;s reach to the American continent. Dynasty Token holders will have preferred access to any Real Estate Token offering of BrickMark&#8217;s platform in the future.<\/p>\n<p><span class=\"xn-person\">Eduardo Carvalho<\/span>, CEO and co-founder of Dynasty Global AG, expects the company&#8217;s token to establish itself worldwide as a Tether for the property market. &#8220;Every cryptocurrency goes through various validation processes. In the case of Bitcoin, this first happened in 2010 when it was accepted for the purchase of two pizzas. For D\u00a5N, the integration into the BrickMark platform is a strategic step that further emphasizes its value.&#8221;<\/p>\n<p>For Stephan Rind, CEO and founder of BrickMark Group AG, the integration of D\u00a5N and the participation of Dynasty Global AG marks another significant milestone in the company&#8217;s growth strategy. &#8220;Thanks to D\u00a5N, we are now in a position to offer a uniform and cost-effective solution for a wide range of real estate transactions worldwide on the basis of a universal and recognized crypto currency, which gives private and institutional investors access to markets that were previously only open to a few.&#8221;<\/p>\n<p>D\u00a5N has successfully completed the authorization process in <span class=\"xn-location\">Switzerland<\/span> and is qualified as a payment token by the Swiss Financial Market Supervisory Authority. On <span class=\"xn-chron\">May 1, 2024<\/span>, in addition CVM, the Brazilian Financial Market Authority, authorized D\u00a5N as a payment token for the Brazilian market with its 220\u00a0million consumer base. Dynasty Global AG is regulated by the Swiss financial market supervisory regime. With a maximum of 21\u00a0million tokens issuance, D\u00a5N is currently listed in <span class=\"xn-location\">Brazil<\/span> via Mercado Bitcoin and with other international exchanges.<\/p>\n<p>About\u00a0<\/p>\n<p>Dynasty Global AG\u00a0<\/p>\n<p>Dynasty Global AG is the first cryptocurrency issuing company in the world to use a real estate portfolio as a reference for its payment tokens. Through D\u00a5N, the issuer can simplify financial and real estate transactions globally and provide a decentralized experience, as well as greater stability, since it has a reference value of a real asset. With a strong presence in the European, Asian, and Brazilian markets, the company is headquartered in Zug in Crypto Valley, <span class=\"xn-location\">Switzerland<\/span>. With maximum of 21\u00a0million tokens issuance, D\u00a5N is listed on various global exchanges, and in <span class=\"xn-location\">Brazil<\/span>, it is available on the Mercado Bitcoin exchange.<\/p>\n<p>BrickMark Group AG\u00a0<\/p>\n<p>BrickMark Group AG is a first-tier pioneer in the tokenization of real estate assets and a one-stop-solution provider to create, issue and manage digital assets and securities. Since its inception in 2018, the company has been a leader in a variety of transactions, including for the world&#8217;s largest tokenization of a single commercial property on Bahnhofstrasse in <span class=\"xn-location\">Zurich<\/span>. To date, the company has executed tokenization transactions with a total value of more than <span class=\"xn-money\">USD 160 million<\/span>. BrickMark developed and operates the first fully scalable vertical tokenization infrastructure for real estate assets in <span class=\"xn-location\">Europe<\/span>, BRICKGATE, to cater to the rapidly growing tokenization markets, whose volume is expected to grow from USD\u00a0310\u00a0billion in 2022 to USD\u00a016\u00a0trillion in 2030. BrickMark Group is headquartered in the Canton of Zug, with a subsidiary in Luxemburg.\u00a0<\/p>\n<p>Contact\u00a0<\/p>\n<p><span class=\"xn-location\">Brazil<\/span>: Team MOTIM\u00a0<\/p>\n<p><span class=\"xn-person\">Paola Cruvinel<\/span> &#8211; <a href=\"mailto:paola.cruvinel@motim.cc\" target=\"_blank\" rel=\"noopener\">paola.cruvinel@motim.cc<\/a> \u00a0<br \/>+11 98669-5183\u00a0<br \/><span class=\"xn-person\">Raphael Bueno<\/span> &#8211; <a href=\"mailto:raphael.bueno@motim.cc\" target=\"_blank\" rel=\"noopener\">raphael.bueno@motim.cc<\/a>\u00a0<br \/>+11 99723-7397\u00a0<br \/><span class=\"xn-person\">Caroline Tondato<\/span> &#8211; <a href=\"mailto:caroline.tondato@motim.cc\" target=\"_blank\" rel=\"noopener\">caroline.tondato@motim.cc<\/a>\u00a0<br \/>+11 98183-4482\u00a0<\/p>\n<p><span class=\"xn-location\">Switzerland<\/span> &amp; <span class=\"xn-location\">Europe<\/span> \u00a0<\/p>\n<p><span class=\"xn-person\">Wolfgang Weber-Thedy<\/span>, <a href=\"mailto:wwt@weber-thedy.com\" target=\"_blank\" rel=\"noopener\">wwt@weber-thedy.com<\/a>\u00a0\u00a0<br \/>+41 44 266 1586<\/p>\n<p><span class=\"xn-person\">Jessica Winkler<\/span>, <a href=\"mailto:j.winkler@brickmark.net\" target=\"_blank\" rel=\"noopener\">j.winkler@brickmark.net<\/a>\u00a0<br \/>Investor and Public Relations BrickMark Group AG<br \/>+49 176 1816 0008<\/p>","protected":false},"excerpt":{"rendered":"<p><!-- wp:html --><\/p>\n<p>Crypto Valley: Two pioneers open up the global real estate market<\/p>\n<p>     D\u00a5N -issuer Dynasty acquires stake in tokenization service provider BrickMark   Settlement of the investment of <span class=\"xn-money\">CHF 10 million<\/span> with Dynasty payment tokens   Tokenization of real estate worth <span class=\"xn-money\">CHF 1.5 billion<\/span> planned through BrickMark    <\/p>\n<p>S\u00c3O PAULO and ZUG, <span class=\"xn-location\">Switzerland<\/span>, <span class=\"xn-chron\">May 23, 2024<\/span> \/PRNewswire\/ &#8212; Tokenization pioneers Dynasty Global Investments AG (Dynasty) and BrickMark Group AG (BrickMark), based in Zug\/<span class=\"xn-location\">Switzerland<\/span>, today signed an agreement under which BrickMark will integrate the D\u00a5N payment token issued by Dynasty into its tokenization platform for real estate. In return, Dynasty will acquire a strategic stake in BrickMark. The investment totaling <span class=\"xn-money\">CHF 10 million<\/span> will be part of the Series A financing of BrickMark and settled mainly with Dynasty&#8217;s payment token and cash. The financing is expected to close by the end of <span class=\"xn-chron\">June 2024<\/span>.<\/p>\n<p>This transaction represents a significant step for both companies as part of their growth strategy on the global property markets. The real estate-focused payment token D\u00a5N issued by Dynasty is going to take on a leading role for tokenized real estate transactions in the future. From now on, real estate tokenized through the BrickMark platform can be traded with D\u00a5N without any further effort.<\/p>\n<p>BrickMark is set to tokenize real estate assets worth over <span class=\"xn-money\">CHF 1.5 billion<\/span> on its platform in the coming months, with CHF 400\u00a0million of these assets already sourced from Dynasty&#8217;s network. Through its tokenization platform BrickGate, BrickMark is already active in <span class=\"xn-location\">Switzerland<\/span>, <span class=\"xn-location\">Germany<\/span>, <span class=\"xn-location\">Austria<\/span>, <span class=\"xn-location\">Luxembourg<\/span>, <span class=\"xn-location\">Hong Kong<\/span>, the <span class=\"xn-location\">United Arab Emirates<\/span>, and across the African continent. The collaboration with Dynasty will significantly extend BrickMark&#8217;s reach to the American continent. Dynasty Token holders will have preferred access to any Real Estate Token offering of BrickMark&#8217;s platform in the future.<\/p>\n<p><span class=\"xn-person\">Eduardo Carvalho<\/span>, CEO and co-founder of Dynasty Global AG, expects the company&#8217;s token to establish itself worldwide as a Tether for the property market. &#8220;Every cryptocurrency goes through various validation processes. In the case of Bitcoin, this first happened in 2010 when it was accepted for the purchase of two pizzas. For D\u00a5N, the integration into the BrickMark platform is a strategic step that further emphasizes its value.&#8221;<\/p>\n<p>For Stephan Rind, CEO and founder of BrickMark Group AG, the integration of D\u00a5N and the participation of Dynasty Global AG marks another significant milestone in the company&#8217;s growth strategy. &#8220;Thanks to D\u00a5N, we are now in a position to offer a uniform and cost-effective solution for a wide range of real estate transactions worldwide on the basis of a universal and recognized crypto currency, which gives private and institutional investors access to markets that were previously only open to a few.&#8221;<\/p>\n<p>D\u00a5N has successfully completed the authorization process in <span class=\"xn-location\">Switzerland<\/span> and is qualified as a payment token by the Swiss Financial Market Supervisory Authority. On <span class=\"xn-chron\">May 1, 2024<\/span>, in addition CVM, the Brazilian Financial Market Authority, authorized D\u00a5N as a payment token for the Brazilian market with its 220\u00a0million consumer base. Dynasty Global AG is regulated by the Swiss financial market supervisory regime. With a maximum of 21\u00a0million tokens issuance, D\u00a5N is currently listed in <span class=\"xn-location\">Brazil<\/span> via Mercado Bitcoin and with other international exchanges.<\/p>\n<p>About\u00a0<\/p>\n<p>Dynasty Global AG\u00a0<\/p>\n<p>Dynasty Global AG is the first cryptocurrency issuing company in the world to use a real estate portfolio as a reference for its payment tokens. Through D\u00a5N, the issuer can simplify financial and real estate transactions globally and provide a decentralized experience, as well as greater stability, since it has a reference value of a real asset. With a strong presence in the European, Asian, and Brazilian markets, the company is headquartered in Zug in Crypto Valley, <span class=\"xn-location\">Switzerland<\/span>. With maximum of 21\u00a0million tokens issuance, D\u00a5N is listed on various global exchanges, and in <span class=\"xn-location\">Brazil<\/span>, it is available on the Mercado Bitcoin exchange.<\/p>\n<p>BrickMark Group AG\u00a0<\/p>\n<p>BrickMark Group AG is a first-tier pioneer in the tokenization of real estate assets and a one-stop-solution provider to create, issue and manage digital assets and securities. Since its inception in 2018, the company has been a leader in a variety of transactions, including for the world&#8217;s largest tokenization of a single commercial property on Bahnhofstrasse in <span class=\"xn-location\">Zurich<\/span>. To date, the company has executed tokenization transactions with a total value of more than <span class=\"xn-money\">USD 160 million<\/span>. BrickMark developed and operates the first fully scalable vertical tokenization infrastructure for real estate assets in <span class=\"xn-location\">Europe<\/span>, BRICKGATE, to cater to the rapidly growing tokenization markets, whose volume is expected to grow from USD\u00a0310\u00a0billion in 2022 to USD\u00a016\u00a0trillion in 2030. BrickMark Group is headquartered in the Canton of Zug, with a subsidiary in Luxemburg.\u00a0<\/p>\n<p>Contact\u00a0<\/p>\n<p><span class=\"xn-location\">Brazil<\/span>: Team MOTIM\u00a0<\/p>\n<p><span class=\"xn-person\">Paola Cruvinel<\/span> &#8211; <a href=\"mailto:paola.cruvinel@motim.cc\" target=\"_blank\" rel=\"noopener\">paola.cruvinel@motim.cc<\/a> \u00a0<br \/>+11 98669-5183\u00a0<br \/><span class=\"xn-person\">Raphael Bueno<\/span> &#8211; <a href=\"mailto:raphael.bueno@motim.cc\" target=\"_blank\" rel=\"noopener\">raphael.bueno@motim.cc<\/a>\u00a0<br \/>+11 99723-7397\u00a0<br \/><span class=\"xn-person\">Caroline Tondato<\/span> &#8211; <a href=\"mailto:caroline.tondato@motim.cc\" target=\"_blank\" rel=\"noopener\">caroline.tondato@motim.cc<\/a>\u00a0<br \/>+11 98183-4482\u00a0<\/p>\n<p><span class=\"xn-location\">Switzerland<\/span> &amp; <span class=\"xn-location\">Europe<\/span> \u00a0<\/p>\n<p><span class=\"xn-person\">Wolfgang Weber-Thedy<\/span>, <a href=\"mailto:wwt@weber-thedy.com\" target=\"_blank\" rel=\"noopener\">wwt@weber-thedy.com<\/a>\u00a0\u00a0<br \/>+41 44 266 1586<\/p>\n<p><span class=\"xn-person\">Jessica Winkler<\/span>, <a href=\"mailto:j.winkler@brickmark.net\" target=\"_blank\" rel=\"noopener\">j.winkler@brickmark.net<\/a>\u00a0<br \/>Investor and Public Relations BrickMark Group AG<br \/>+49 176 1816 0008<\/p>\n<p><!-- \/wp:html --><\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[5,7],"tags":[],"class_list":["post-2689","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cision-pr-newswire","category-cision-pr-newswire-en"],"_links":{"self":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/2689","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2689"}],"version-history":[{"count":0,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/2689\/revisions"}],"wp:attachment":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2689"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2689"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2689"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}