VanEck Ventures invests in Manifest, introducing tokenized U.S. real estate to decentralized finance.
From Yahoo Finance: 2025-03-20 18:15:00
VanEck Ventures has invested in Manifest, a platform introducing American real estate to decentralized finance (DeFi). Manifest will offer a tokenized ETF called $USH backed by home equity investments. This unique tokenization of U.S. real estate provides diversification and global accessibility on public blockchains. Investors will soon have an option to invest in owner-occupied single-family residential real estate equity, enhancing liquidity, capital efficiency, and tax advantages. VanEck Ventures, known for its $30 million fund for fintech, crypto, and AI innovations, sees tokenized financial products like $USH as the future of asset management, offering 24/7 liquidity and programmability in a way traditional ETFs cannot match.
Read more at Yahoo Finance: VanEck Invests in DeFi Real Estate Platform Manifest