BITREAL Capital has been granted marketing authorisation and registration by the German Federal Financial Supervisory Authority (BaFin) for the BITREAL Real Estate Blockchain Opportunities Fund 1 GmbH & Co KG (BREBCO 1).
Set up as a Spezial AIF, BREBCO1 is aiming for an equity volume of EUR40 million.
BREBCO1 provides professional, officially registered investments in cryptocurrencies and blockchain technology-based coins and tokens. Semi-professional investors, starting from a minimum EUR500,000 investment volume, and professional investors can now invest into the fund.
BREBCO1 aims to invest in blockchain technologies through established tokens, coins and virtual currencies (cryptocurrencies) as well as AA core commercial real estate, partly financed by bank loans, in the top 10 economic regions in Germany with a low-risk structure but high return potential. The strategy expects a return of 15 per cent per annum, given a seven-year fund lifetime.
A unique element of the fund series is the possibility to make deposits into the fund via Euro or directly via cryptocurrencies such as Bitcoin or Ethereum. Holders of cryptocurrencies, coins or tokens, by investing in BREBCO1 fund, get an effective hedge for existing profits. At the end of the term, Euro investors also have the opportunity to choose whether they want to receive the repayments and profits in Euro or alternatively in virtual currencies, coins or tokens.
Boris Hardi, Managing Partner of BITREAL Capital says: “Since summer of last year, questions of family offices and high net worth individuals as to how or in which virtual currencies, coins and tokens can be sensibly invested in or how to take part in the blockchain technology market potential without the high volatility and risk of total loss were raised. Our answer is the BREBCO 1 fund, which is now officially registered in Germany by the BaFin.”