Roofstock, a company that sells rental properties, announced the first sale of a single-family property via a non-fungible token, or NFT, on its platform.
The property, located in South Carolina, was sold to an investor for $176,200 last month on the Ethereum blockchain.
The transaction was enabled by Roofstock onChain, its web3 subsidiary, which gives investors the ability to purchase tokenized rental properties using USD Coin (a digital stablecoin attached to the United States dollar).
Read Full Story: https://www.nationalmortgagenews.com/news/roofstock-facilitates-sale-of-prope...
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