TechFlow reported on March 20, according to Blockworks, that Manifest, a company focused on bringing U.S. private real estate onto the blockchain, has raised $2.5 million to bridge real estate and the DeFi sector. The funding round was led by VanEck Ventures, with participation from Compound, Lattice Fund, and SALT.
Manifest's first product is USH, an ERC-20 token that provides exposure to U.S. residential real estate through Home Equity Investments (HEI), promising an annual return of 13%. HEI is a financial instrument specifically designed to unlock home equity.
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