Scintilla and Verseprop Announce Strategic Collaboration to Revolutionize Real Estate Tokenization

Scintilla, a leading institutional-grade tokenization platform,  and Verseprop, a digital platform specializing in tokenized real estate equity and debt, are  reshaping the real estate investment landscape. The strategic collaboration will offer financial engineering solutions to the Real Estate sector and introduce advanced tokenization solutions that bring greater efficiency, transparency, and inclusivity to the market, alongside cost savings and distribution. 

Verseprop, founded in 2021 by a former senior executive from CBRE and Savills, is a  Financial Conduct Authority (FCA) Appointed Representative, headquartered in London, specializing in real estate debt and equity. Its current focus is short-duration, first and  second-charge UK real estate debt, which grants strong investor protections at viable  yields and is asset backed. Scintilla, licensed by Dubai’s Virtual Asset Regulatory Authority (VARA), brings a powerful tokenization engine and its broker/dealer license and services to the table, solidifying its reputation as a leader in digital asset innovation. 

Verseprop, backed by some of the UK’s most influential real estate investors, provides  access to opportunities across real estate debt and equity, utilizing its platform to list  tokenized assets which digitizes the entire transaction process. It provides real estate owners access to state-of-the-art financial and tokenization services that also streamline the process for raising capital for equity, debt or a hybrid mix. Scintilla will deliver the core  tokenization technology and broker/dealer services necessary to facilitate the distribution  of these digital tokens in the UAE. For investors, this collaboration unlocks access to  diversified real estate opportunities while enjoying the efficiency and lower costs provided  by blockchain technology. 

The strategic collaboration will look to redefine real estate financing and distribution  models with a compliance-first approach aligned to global regulatory standards. The collaboration aims to deliver value for both asset owners and investors. In a recent  transaction in London, Verseprop was able to demonstrate a 50% cost saving vs traditional  businesses. 

The UK and UAE Bridge 

The collaboration between Scintilla and Verseprop bridges two dynamic markets: the  United Kingdom and the United Arab Emirates. Leveraging the UK’s established, and highly  sought after, trillion-dollar commercial real estate sector alongside Dubai’s pioneering  approach to blockchain and digital assets, the partnership offers a unique synergy. 

“Scintilla is delighted to join forces with Verseprop to redefine how real estate assets are  tokenized and traded,” said Tim Popplewell, founder and CEO of Scintilla. “This  collaboration marks a significant step in our journey to bring institutional-grade solutions  to the digital asset space, opening up new avenues for investors and developers alike.” 

“Verseprop is not just tokenizing real estate equity and debt; we are fundamentally  reshaping how people access real estate and how asset owners think about distribution,”  said Joel Coren, CEO of Verseprop. “Our platform offers a seamless, transparent, and digital way for investors to access high-quality real estate opportunities that were  previously out of reach, and asset owners to reach them.”