Bitreal Capital GmbH, headquartered in Munich, was granted marketing authorization and registration by the German Federal Financial Supervisory Authority (BaFin), Bonn, on March 29, 2018 for the Bitreal Real Estate Blockchain Opportunities Fund 1 GmbH & Co. KG (BREBCO 1). Set up as a Spezial AIF, BREBCO1 is designed for an equity volume of 40 million Euros.
“Since summer of last year, questions of family offices and high net worth individuals as to […] how to take part in the blockchain technology market potential without the high volatility or even total loss were raised. Our answer is the BREBCO 1 fund, which is now officially registered in Germany by the BaFin.”
Following intensive legal, regulatory and tax preparation, Bitreal Capital’s distribution authorization for BREBCO1 has been a much-noticed and important step in enabling professional investments in cryptocurrencies. Semi-professional investors (starting from € 500,000 investment volume) and professional investors can now invest into the fund.
The investment strategy of BREBCO1 aims to invest in blockchain technologies through established tokens / coins and virtual currencies (crypto currencies) as well as AA core commercial real estate (financed by bank loans) in the top 10 economic regions in Germany with a low risk structure but high return potential which is expected above 15% per annum with a seven-year fund lifetime.
Uniquely it is possible to make deposits into the fund via Euro or directly via crypto currencies like Bitcoin or Ethereum. Holders of cryptocurrencies, coins and tokens, investing in the BREBCO1 get a veritable hedge for their existing profits. At the end of the term, Euro investors also have the opportunity to choose whether they want to receive the repayments and profits in Euro or alternatively in virtual currencies, coins/tokens.
Boris Hardi, Managing Partner of Bitreal Capital GmbH explains: “Since summer of last year, questions of family offices and high net worth individuals as to how or in which virtual currencies, coins/tokens can be sensibly invested in or how to take part in the blockchain technology market potential without the high volatility or even total loss were raised. Our answer is the BREBCO 1 fund, which is now officially registered in Germany by the BaFin.”
BITREAL Capital GmbH is a fund initiator and innovator in the area of Special AIFs, founded 2017 in Munich. The management of BITREAL Capital has unique know-how in order to combine German core commercial real estate investments, investments in renewable energies, e-mobility and hotels with blockchain technologies, to invest in cryptocurrencies and to manage and custody them safely. The first BaFin-registered fund for semi-professional investors, the BREBCO1, combines core commercial real estate with a blockchain technology-based token/coin share and thus opens BaFin-registered access to Bitcoin, Ether and Co. – while at the same time strictly limits risks the fund offers a high return potential. Through close cooperation with regulatory authorities and leading business and tax law firms, a real institutional entry into this asset class is now possible both through investments in euros or directly via cryptocurrencies.
Bitreal Capital GmbH
Image source: Bundesanstalt für Finanzdienstleistungsaufsicht