ALT DRX, a digital real estate trading platform, has completed a $3.6 million seed round of financing.

BlockBeats reported on March 22 that ALT DRX, a digital real estate trading platform, has completed a seed round of financing worth $3.6 million, including $1.6 million in equity and $2 million in redeemable mezzanine debt. The funds will be used to invest in real estate assets. The investors include a law firm in India, a well-known family office, startup founders, and executives from undisclosed companies such as Singapore Development Bank, Ernst & Young, HSBC, Volvo, and Salesforce. ALT DRX is a Bangalore-based startup that allows real estate asset owners to turn their ownership rights into tokenized digital assets that can be traded.