Blockchain

Farpointe closes Vesta Equity Investment

Farpointe Investments is pleased to announce that we have participated in the seed financing round for Vesta Equity, alongside investments from Woodstock Fund, Frontiers Capital, and Supporters Fund. Complementing this is an exemplary group of US and Canadian angel investors like Greg Wolfond, Issac Applbaum, Afshin Rezayee, and many more.

Vesta Equity is building the future of home equity financing and real estate investment. Homeowners and property investors traditionally tethered to age-old institutionalized financial practices will be free to manage their assets and investments to serve them best. Through tokenization and Vesta Equity's Property Marketplace, homeowners and investors will be able to deal directly with each other without using intermediaries that carry burdensome costs, one-sided terms, and risks. Vesta Equity's proprietary approach of coupling tokenization with smart contracts will enable homeowners to sell a portion of their home to investors while retaining their residency. For the homeowner, it means no more debt, compounding interest, and monthly payments. Investors will now have the freedom and ease of access to build and manage a portfolio of property types across geographies and partake in property appreciation with 100% asset transparency. Vesta Equity is enabling an open market integrated with blockchain's immutability to create a more inclusive and dynamic model for the multi-trillion-dollar global home equity market.