Arda has successfully raised $3 million in pre-seed funding led by Lightshift, advancing their vision to develop a universal operating system for real estate.
The move underscores a growing trend towards digitizing the real estate sector, reflecting institutional interest in blockchain-based property solutions and influencing future market dynamics.
Arda Secures $3M for Real Estate Innovation
Arda has raised $3 million in pre-seed funding, intending to create a universal operating system for the real estate sector. The round was led by Lightshift, showing confidence from key investors.
Founded by former Goldman Sachs MD Oli Harris, Arda focuses on integrating digital rights management and automation into real estate. Harris aims to close operational gaps in one of the most valuable asset classes. Oli Harris, Founder & CEO of Arda, stated, “Real estate remains one of the most valuable yet operationally fragmented asset classes. By creating a programmable, trust-based system, we aim to bring real estate transactions in line with modern digital financial infrastructure.”
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Provide expert insights on potential financial, regulatory, or technological outcomes of Arda’s initiative. Institutional interest in blockchain-based property solutions may spur broader adoption within the real estate sector.
Real Estate Tokenization Tops $4 Billion
Over $4 billion in real estate assets have been tokenized, signaling a shift. Arda’s development parallels efforts by major financial firms like JPMorgan in tokenizing traditional assets.
Experts recognize tokenization as a catalyst for transforming real estate transactions. Data and historical trends suggest increased efficiency in asset handling could be a major impact.