Brickblock: New partnerships with SolarisBank and JTC
The Berlin-based blockchain company Brickblock announces two new strategic partnerships. In the future, Brickblock plans to work closely with SolarisBank, which is known for its activities in the crypto sector. In addition, Brickblock was able to win the financial services provider JTC for a partnership.
For the Berlin blockchain start-up Brickblock, the arrow continues to point upwards. A few weeks ago, BTC-ECHO reported on the company’s partnership with the investment company Peakside Capital. Now Brickblock, whose business is the tokenisation of real estate, is following up with two new partnerships.
SolarisBank: With a banking license in the crypto sector
SolarisBank is a German Fintech company with a full banking licence and specialises in providing infrastructure for companies in the blockchain and crypto sectors. It thus creates a technological and regulatory bridge between the banking and blockchain worlds. SolarisBank has also recently started cooperating with Bitwala to create the first German blockchain account.
Now the cooperation with Brickblock. Together they would like to digitize the handling process for investing. This process includes compliance with anti-money laundering and know-your-customer (KYC) guidelines. Investors wishing to participate in the assets offered by Brickblock are encouraged to provide the necessary information. SolarisBank will then take care of regulatory compliance. Identification should be possible online and, according to the company, should not take more than half an hour.
“By automating our processes through SolarisBank, we can offer our customers an institutional AML / KYC service that ensures compliance at the highest level,” Brickblock said, says Brickblock founder Jakob Drzazga.
Together with the JTC Group, Brickblock will bring real estate to the Blockchain
At the same time Brickblock announces the start of a second partnership. According to this partnership, Brickblock and the asset manager JTC Group want to make investments in real estate possible. JTC has expertise in the management of traditional and alternative asset classes with a particular focus on real estate. The total assets under management amount to more than 100 million US dollars.
The first properties will be offered via the blockchain in the coming weeks with the help of JTC. Hillview Homes will offer the Holt Hill property, which is located in the United Kingdom. Brickblock’s Blockchain service is designed to facilitate investment in this property with low fees, fast processing and virtually no spatial restrictions.