New York, New York, July 17, 2023, Chainwire – Parcl’s first overseas expansion gives investors access to real-world and international property price movements.
Parcl, the leading real estate trading platform, today announced its first foray into international markets with the addition of Paris, France and the Île-de-France metropolitan area to its growing list of tradable city indices. This international market-oriented expansion, the first in a long series, builds on Parcl’s ambition to provide investors with access to global real estate markets.
A real estate investment platform that allows users to bet on the price movements of major global cities, Parclmakes it possible to invest in an entire city’s residential real estate market – opening up access to high-demand markets like New York, Los Angeles and Paris.
This overseas expansion comes shortly after launching an index for the United States, its first-ever nationally tradable index, and adding new US markets including Austin, Boston, Atlanta, Philadelphia, Chicago, Seattle, Denver, Portland, and Washington, with its range of markets more than doubling to satisfy investors. Their rapid growth, both in the United States and internationally, is underpinned by Parcl’s mission to establish itself as the real estate portfolio for investors by providing access to real estate investment on a global scale.
Parcl is a DeFi platform for speculating in the real estate market built on Solana, a blockchain specially designed to host decentralized and scalable applications. Through the innovative Parcl trading platform and leveraging real-world asset indices provided by Parcl LabsParcl facilitates real estate investment in the 21st century.
“Our goal has always been to broaden access to real estate investment globally. By introducing Paris as our first international city index, we are inviting investors around the world to participate in these traditionally exclusive markets. We are really excited about this expansion and look forward to introducing other international markets in the near future. »
Trevor Bacon, CEO of Parcl
Parcl aims to continue to offer users access to the world’s most popular cities and plans to unveil new global markets in the near term. Parcl allows users to diversify their investment portfolio and potentially earn passive income. By investing in different real estate indices, they can spread risk and increase their returns.
Parcl requires no minimum investment, is highly liquid, and has low transaction fees so investors can now trade their favorite neighborhoods just like when trading other crypto assets.
About Park
Parcl is a DeFi real estate trading platform that is revolutionizing the way individuals engage in real estate investing globally. Combining the strengths of blockchain technology with traditional real estate, Parcl offers a simple, efficient and accessible real estate trading experience. For more information, visit the website https://parcl.co
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