Realio Partners with Algorand to tokenize the network

Realio, an end-to-end digital asset issuance and peer-to-peer trading platform focused on real estate private equity has partnered with Algorand, the technology company that built and developed the world's first open, permissionless, pure proof-of-stake blockchain protocol.

RST tokens will be offered (with the private sale beginning on March 16) via the Reg D 506 (c) and Reg S exemptions, enabling global participation.

"We are kicking off this token sale with incredible momentum, having pre-sold over 2 million RST while adding another world-class technology partner who shares the same vision for the future of a global, borderless financial ecosystem," noted Derek Boirun, founder of Realio.

"Algorand's protocol was designed for decentralized financial applications and networks of the future like Realio, and we are pleased to support the long term value their initiative will provide, " said W. Sean Ford, COO of Algorand. "Combining Algorand's simplified asset creation, instant economic exchange, and immediate transaction finality with Realio's groundbreaking token issuance network is a significant step forward in defi compliance and innovation."