Propy Secures $100 Million Credit Facility to Modernize Real Estate Closings with Blockchain Technology
Propy, a Miami-based blockchain technology company, has secured a $100 million credit facility from Metropolitan Partners Group to develop an AI-powered platform for real estate closings. The funding aims to streamline the traditionally paper-heavy process by leveraging blockchain technology, which the company believes will revolutionize how value is transferred in the real estate industry.
Topics: AI blockchain closing process funding real estate