CurveBlock, a UK-based proptech startup pioneering carbon-zero housing and real estate tokenisation, has been approved to join the UK’s Digital Securities Sandbox (DSS).
CurveBlock has become the ninth company to enter the DSS and the first to focus on real estate development fund tokenisation, a sector that analysts predict could unlock trillions in new investment.
The firm successfully passed Gate 1 of the sandbox entry process and will now begin the process of completing full applications to both the Bank of England and Financial Conduct Authority for full authorisation.
Through blockchain-based digital shares, CurveBlock allows investors to take part in sustainable housing projects that produce more energy than they consume.
Joey Jones, co-founder at CurveBlock, said: “This is a major step in our journey and a unique opportunity to test and evolve our platform under the guidance of the UK’s leading financial regulators.
“It brings us closer to our vision of unlocking inclusive investment opportunities in real estate tokenisation.”
The DSS, a joint venture between the Bank of England and the FCA – was launched to provide a structured environment for firms to trial innovative models in digital finance, with the goal of strengthening the UK’s position as a global hub for fintech and sustainable growth.
Participants engage with regulators at each stage and can progress through further gates that expand the scope of their permitted activities.
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