Stellar XLM has once again surprised the crypto industry community. The Smartlands platform which is supported by Stellar (XLM) has made public its partnership with Colliers International. Colliers International is a leading and popular globally and in the real asset services and investment management company.
Smartland is a security token issuance project that creates new windows or new investors for asset owners. This could have brought about a changing development for Stellar and his team, as Colliers International is as big as it gets. Last year, it recorded around $ 2.5 billion in revenue and assets in nearly 70 countries.
Star Price (XLM) Today – XLM / USD
Ramune Askiniene, CEO of Colliers International Advisors in Lithuania, revealed that: “The global financial and business landscape clearly shows billions of dollars in real estate ready to be symbolized. At Colliers, we believe that the digital entrepreneurship of the new post-ICO era of security tokens will have a significant impact on redefining wealth creation, investing, fundraising and a host of other activities. Internet business. Colliers is delighted to cooperate with the Smartlands platform which seems to have a perfect mastery of asset tokenization on Stellar. “
The CEO of the Smartlands platform, Arnoldas Nauseda, added: “Smartlands Platform approached Colliers International with an out-of-the-box technology solution to symbolize ownership of real-world assets within a fully compliant legal framework, which instantly solves virtually all issues in the real estate industry. Colliers was insightful enough to close the partnership immediately.
As the crypto market sees red, Stellar feels the bear’s grip
Crypto markets opened two days ago, on October 9, on a bearish spread that reversed towards the end of the day. Almost every cryptocurrency has felt the bear’s grip, including well-known coins like XRP, Bitcoin Cash (BCH), and Stellar Lumens (XLM).
A few days ago, Stellar Lumens (XLM) underwent a major change when it overtook EOS to become the 5th largest crypto by market cap. Although the difference between the two was only $ 100 million, XLM investors have at least the 26% pump of the last 24 hours to brag about.
At the time of this writing, XLM was trading at $ 0.245 and falling at a rate of 0.81%, it had a daily market volume of $ 45.282 million and a market cap of $ 4.630 billion.
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