News Explorer — Homebase Sells $235K Texas House via Solana NFTs

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Mar 28, 8:24 pm

Blockworks

Homebase Sells $235K Texas House via Solana NFTs

Homebase announced that it has successfully tokenized its first single-family rental property in McAllen, TX, valued at $235,000. The tokenization was done on the Solana blockchain and raised $246,800 in two weeks, with $11,800 set aside for maintenance. The process involved filing SEC paperwork and took a year to complete, with 38 investors participating, 30 of them non-accredited.

Homebase announced that it has successfully tokenized its first single-family rental property in McAllen, TX, valued at $235,000. The tokenization was done on the Solana blockchain and raised $246,800 in two weeks, with $11,800 set aside for maintenance. The process involved filing SEC paperwork and took a year to complete, with 38 investors participating, 30 of them non-accredited.

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