Abstract IQ Email Format
Real EstateWashington, United States2-10 Employees
Abstract IQ (previously Abstract Tokenization) is a financial technology company that built and operates an automated investor servicing and reporting portal, white labeled SaaS for commercial real estate sponsors and their investors. Providing investors easy online access to real time investment metrics & reporting while reducing the time burden and cost of reporting + sending monthly property income distributions for CRE sponsors by > 75%. developing an end-to-end digital security creation, issuance & servicing platform for commercial real estate sponsors & investors that operates with smart contracts & distributed ledger blockchain technology to convert traditionally illiquid real estate ownership into tradeable digital securities, enhancing liquidity. Only $1.4 trillion out of $281 trillion in total global real estate assets was exchanged in 2017 according to Savillis Research / Oxford Economics. Abstract is solving for this lack of liquidity with a digital security structuring platform for CRE, version 1.0 goes live this month, and a secondary trading platform in 2020. Economists estimate the cost of illiquidity at between 15-30%, Abstract Tokenization is unlocking this massive liquidity premium. In addition to liquidity challenges, traditional CRE primary issuance, record keeping and investor servicing processes are currently inefficient, with portions often still being done manually. The company is addressing these issues with smart contract driven automation, beginning with automated reporting & distribution processing built into each security token issued. In short, Abstract is creating the infrastructure and tools to make it easier for the CRE industry to evolve into the digital age of security ownership.