Committed to being the leading crypto-asset lending platform, Pledge is thrilled to announce they have signed a partnership deal with US-based Real Estate Brokerage NAREIG, which will allow clients to buy real estate using their crypto-assets as collateral
United States - August 6, 2021 —
In real estate, the most significant barrier to entry for most people is that banks require high credit scores and significant personal capital. Pledge is the solution that allows borrowers to unlock the underlying value of crypto assets, such as Bitcoin, as collateral for real-time day trading and the diversification of their portfolio to non-crypto assets.
Today, Pledge has announced it has entered a partnership deal with NAREIG International, a full-service real estate brokerage representing Chinese clients in a broad spectrum of real estate services, including residential, commercial, land development, and related concierge services. The partnership deal, according to Pledge, will allow the crypto lending platform to provide its clients with the chance to use their crypto assets as collateral to get real estate properties in the United States.
“Pledge is a great crypto lending protocol, and with their service, our clients do not need to sell their crypto assets to buy real estate,” said Hunter Lin, CEO of NAREIG. “They can use their crypto-asset such as bitcoin as collateral to borrow money to buy real estate. Together we are providing a great solution, and I believe there is a huge demand.”
The partnership deal between Pledge and NAREIG will serve as an authentic game-changing way of connecting real-world assets to blockchain technology. Both parties assure they will build on each other's strength. Pledge allows crypto holders and investors to take a loan from the Pledge ecosystem without actually selling their crypto portfolio to invest in real estate across the United States.
Excited about the partnership deal, Tony Y. Chan, CEO of Pledge, said, "Together with NAREIG's real estate investment service, Pledge allows crypto investors to take loans and diversify their crypto portfolio into real estate. The client does not have to sell their bitcoin to buy a house or invest in other real estate investments through NAREIG. We provide complimentary service, and together we now have a great end-to-end solution for crypto-rich cash-poor clients.”
Pledge and NAREIG are ensuring persons interested in real estate, blockchain technology, and decentralized finance (Defi) find a one-stop shop for all of their interests. For further inquiries on the partnership and other activities by Pledge, send an email to firstname.lastname@example.org.
Pledge aims to be the crypto-asset lending platform for all. Unlike most available lending protocols, Pledge won’t be focused on crypto traders borrowing digital assets in real-time for day trading. Instead, Pledge answers the need for longer-term financing, mainly serving crypto-asset holders to diversify their portfolios with non-crypto assets.
For more information, please visit www.pledger.finance.
NAREIG International Realty is a full-service real estate brokerage representing Chinese clients in a broad spectrum of real estate services, including residential, commercial, land development, and related concierge services. Unlike most US brokerage companies that only serve the domestic market, NAREIG has the knowledge and capacity to reach out to high-end Chinese investors through its exclusive partner, www.beimeigoufang.com, one of China’s most influential real estate web portals.
For more information, please visit www.nareigus.com.
Release ID: 89040461