Real estate tokenization company Propy launches AI Custodian and appoints former U.S. Treasury Assistant Secretary to Advisory Board
Foresight News reported that real estate tokenization company Propy announced a $100 million expansion and launched Agent Avery, an AI-powered escrow agent for real estate transactions. The company is acquiring title companies through a hybrid financing scheme that integrates private credit and blockchain-based DeFi loans.
In addition, Propy will appoint Chris Campbell (former Assistant Secretary of the U.S. Treasury) and Mike Jones (Science Inc.) to its advisory board, and will work with Michael S. Piwowar (former U.S. Securities and Exchange Commission Commissioner) and Michael Casey (former Chief Content Officer at CoinDesk) to guide Propy's regulatory and capital structure.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: 5.6041 million EIGEN transferred to Uniswap, worth approximately $2.0966 million
Goolsbee: The terminal rate will be much lower than the current level, and there is room for rate cuts.
Goolsbee: If inflation subsides, the Federal Reserve may consider lowering interest rates
Trending news
MoreCrypto prices
More
