Divine Research issues crypto loans to underserved communities. Bricklayer secures option for tokenized equity stake in Amazon facility. Christie’s debuts crypto real estate division, and Pudgy Penguins denies buying OpenSea. Jane King with the latest from the NYSE.
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Thanks, Rey.
Here's a look at your Coin Street headlines.
San Francisco-based lender Divine Research has issued around 30,000 unbaged short-term crypto loans since December using OpenAI CEO Sam Altman's iris scanning platform World ID to verify borrowers.
Divine offers loans under $1000 in the USDC stablecoin, mainly to overseas borrowers underserved by traditional finance.
It uses world ID to insure users.
Cannot open multiple accounts after defaulting.
Divine Research has issued $30,000 so far, these unbacked USDC loans.
Well, bricklayer, a decentralized real estate ecosystem, has secured an option for their debut tokenized equity stake in a $44 million Amazon leased logistics facility in Florence, Kentucky.
This acquisition gives bricklayer community members their first direct access to institutional grade real estate with global credit worthy tenants.
The facility is strategically located.
Within reach of major Midwest and Southeastern markets, well, one of the US's largest luxury brokerages is starting a dedicated division to allow buyers to purchase real estate with digital currency.
Christie's International Real Estate has a team dedicated to handle transactions involving digital payments without a bank.
The properties it is handling are high end as well, including a $118 million Los Angeles property, which is the most expensive listing to ever except crypto.
And Pudgy Penguin shut down rumors of an open sea buyout, calling the speculation unnecessary and pointing instead to growing brand partnerships.
In a Saturday post on X, Bowe, the head of security at Pudgy Penguins, dismissed the acquisition talk.
Pudgy Penguins is a collection of about 9000 flightless bird NFTs launched in July 2021.
The project also has expanded into physical products with Pudgy Toys Line in partnership with PMI Toys, and that's the latest Point Street headlines.
