An internal source told UNLOCK the following: Instant Assets Tokens (IAT), is set to launch their initial exchange offering (IEO) through ProBit Exchange. Managed by Singapore-based Zenith Peak Ltd, the project will look to tokenize real-estate assets, enabling developers and property buyers to utilize blockchain features such as smart contracts. Funds raised from its IEO will be utilized to expand an existing portfolio of properties to be listed on its platform in the Philippines, allowing token holders a wider pool of property assets to invest in.
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