Propchain Announces $125M in Real Estate Assets Under Development

**PropGlobal** has captured insights from **Formula 2 driver Richard Verschoor**, highlighting connections between racing and Propchain's mission. The partnership emphasizes three key parallels: - **Disciplined risk frameworks** - **Real-time intelligence** - **Precision execution** PropGlobal backs Verschoor as he competes on the Formula 2 circuit, with both organizations sharing similar drive and ambition in their respective fields. The collaboration demonstrates how **high-performance racing principles** can translate to blockchain-powered real estate innovation.

**Propchain** is participating in the **Tokenize LDN** conference, with Chief Product & Technology Officer **Neale Croutear-Foy** scheduled to speak on December 2nd. **Event Details:** - Time: 10:40AM - 11:25AM - Stage: Tokenization Stage - Co-speakers: StateStreet, Brickken, and Solana The company aims to **position itself at the center** of real estate tokenization discussions, demonstrating how their technology infrastructure is establishing new global standards for the real estate industry. This appearance represents Propchain's continued effort to showcase their blockchain-based approach to transforming traditional real estate markets through **digitization and transparency**.

**Propchain is developing integrated IoT, AI, and blockchain infrastructure** to transform the traditional real estate industry. The platform aims to convert static buildings into **intelligent, self-reporting systems** that can operate and perform autonomously. **Key developments:** - $PROPC serves as the utility layer enabling the transformation - Targets the massive $380 trillion real estate market - Focuses on transparency in an historically opaque industry The initiative represents a shift from manual processes to **automated, blockchain-secured operations** in property management and reporting. Propchain's approach integrates multiple technologies to create a comprehensive ecosystem for real estate stakeholders.

**PropGlobal** has announced significant revenue milestones across its real estate portfolio: - **$24.78M** in forecasted revenue from active portfolio - **$20.2M** in forecasted revenue under transaction - **$2.35M** already realized The figures demonstrate PropGlobal's expanding pipeline and execution capabilities across key markets. The company's digital infrastructure is powered by **$PROPC** tokens. This follows previous strategic moves, including the repurchase of 184,725 $PROPC tokens and an additional 70,783 $PROPC purchased on open markets. All metrics and transactions are tracked transparently on-chain via [Dune Analytics](https://dune.com/propdotcom/propdotcom-ecosystem). *Track live performance data and token metrics through the public dashboard.*

**Propchain** has integrated cross-chain swap functionality for its **$PROPC token** directly within its dApp through a partnership with **XSwap**. **Key Features:** - Cross-chain swaps available across supported blockchain networks - Secured by **Chainlink's Cross-Chain Interoperability Protocol (CCIP)** - Direct integration within Propchain's native dApp interface The partnership enables users to seamlessly swap $PROPC tokens across different blockchain networks without leaving the Propchain ecosystem. The integration leverages Chainlink's CCIP technology to ensure secure cross-chain transactions. Users can access the new functionality at [dapp.propchain.io](https://dapp.propchain.io).