In a statement Posted on the social media platform X, Vaneck Ventures Wyatt Lonergan and his partner Juan Lopez announced the company’s investment in Manifest, a platform putting American real estate in decentralized finance (DEFI).
Manifest, which “launches soon” according to its websiteoffers an “USH $ ETF” (US Housing) supported by Home Equity Investments (EIS).
“Manifest is in fact a pioneer of a new type of token in our opinion by applying an ETF style diversification in the United States and by packing it as an intelligent contract available in public blockchains,” Lopez told Etf.com. “Unlike conventional FNBs, a merchant on inherited exchanges, $ USH provides the advantages of blockchain – liquidity, programmability and world accessibility – to real estate exposure in a way that has never been done before.”
What is most important in today’s announcement for ETF investors is that there will soon be an option to invest in diversified American real estate that is not linked to real estate investment (FPI) or direct property, the founder and CEO of Manifest Nathaniel Sokoll–Rard in Etf.com.
He added that instead of using a product like the Vanguard Real Estate Etf (VNQ)Where the assets are mainly real estate rental companies, investors will have “the possibility of obtaining direct and economical exposure to the class of dominant real estate assets in the country: unifamilial residential equity occupied by the owner”.
“The $ USH of Manifest represents an important evolution beyond traditional real estate ETF. By taking advantage of blockchain technology, $ USH improves liquidity, capital efficiency and tax advantages, “said Sokoll-Ward. “Unlike the FNB reit listed on the stock market – submission to stock market volatility, centralized management, limited negotiation hours and high costs – $ USH is fully in chain and supported by equity investments.”
He added that this structure “eliminates intermediaries, reduces costs, increases transparency and guarantees that all assets are entirely guaranteed by real estate equity.”
Vaneck Ventures, who co-directed $ 2.5 million The pre-Grève funding tour with network funds was spear by the fund giant last October.
The start-up of $ 30 million in start-ups marked Vaneck’s expansion in venture capital and was created to invest in “the visionary founders operating at the intersection of fintech, digital assets and artificial intelligence”.
“Tokenized financial products like $ USH represent the next natural step in asset management. They introduce liquidity 24/7, transparent world regulations and accessibility and direct programmability, ”said Lopez. “These are the characteristics that have strengthened the growth of DEFI and Stablecoins in recent years, which traditional ETFs simply do not have. A developer cannot easily access this type of asset and build a product that allows you to mark against him, for example. Now they can. “
