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SOME GREAT INFO ABOUT LABS GROUP! Genesis Block Ventures Invests in Blockchain-powered Real Estate Investment Platform LABS Group


Full-service investment company Genesis Block Ventures (GBV) announces an investment in LABS Group, a blockchain real estate investment platform powered by its LABS ecosystem token through decentralized finance (DeFi).
LABS is an end-to-end real estate digitization ecosystem to make it easy and hassle-free for people to invest. LABS’ ecosystem includes its blockchain-built issuance and crowdfunding platform, and a licensed digital security exchange, enabling fractionalization of real estate assets.
LABS allows asset owners to tokenize and sell real estate assets directly on a real estate focused licensed digital security exchange, via its Security Token Exchange Offering (STEO) service. Properties listed on the exchange can be invested and transacted through blockchain, using cryptocurrencies such as Bitcoin or Ethereum. Additionally, the platform will offer leveraging options and improve liquidity with its integrated DeFi components.
LABS’ native token $LABS is the utility token that supports the entire ecosystem, driving utility and rewards through crowdfunding, token issuance, lending, and the LABS exchange. With the core advantage in collateralized lending, $LABS tokens enable holders to leverage their assets for liquidity, as well as staking the tokens for streaming rewards.
$LABS Token: DeFi and Governance
Chaired by Mahesh Harilela, a member of the renowned Harilela family in Hong Kong, LABS is a group of real estate and blockchain specialists based in Hong Kong with global presence. The team has established global partnerships in both blockchain and real estate, including USA, China, Europe, and other parts of Asia.
In December 2020, LABS announced a partnership with top-notched blockchain technology company RioDeFi, to leverage RioChain’s cross-blockchain capability. In January 2021, LABS received strategic investment from YBB Foundation, a renowned venture capital firm focusing on blockchain infrastructure.
Additionally, LABS has partnered with blockchain ecosystem developer Enjin to create fractionalized NFT property assets accessible to all types of investors.
As an investment company with a mission of building the future through blockchain, Genesis Block Ventures has built a wide-reaching, vibrant blockchain ecosystem, and has grown a thriving network to form an effective ecosystem for all aspects of blockchain, crypto, and DeFi projects.
Through the investment, Genesis Block Ventures will help further expand LABS’s opportunities in the asset tokenization and the DeFi space. We are delighted to participate in LABS’ exciting journey to build the largest real estate digitization ecosystem!
About LABS Group
LABS Group is a digital investment platform that provides access to fractionalized property ownership and enables the continuous trading of real estate assets-backed tokenized shares on a regulated security exchange.
LABS uses blockchain technology and smart contracts to ensure complete transparency over a borderless ecosystem where property developers and investors can interact seamlessly and with unprecedented efficiency.
Real estate and blockchain professionals have brought together their expertise to devise an ecosystem of services that make property investment more accessible, more secure and more liquid.

https://labsgroupio.medium.com/genesis-block-ventures-invests-in-blockchain-powered-real-estate-investment-platform-labs-group-f405cd80630c