Parcl and Propy have announced a strategic partnership to enhance onchain home analytics and valuation. Propy will leverage Parcl’s API to improve valuation and analytics capabilities related to its PropKey initiative.

Propy has already tokenized over $10 billion worth of U.S. homes and is projected to surpass $50 billion by the end of the year, with 200,000 onchain addresses ready for tokenization.

This collaboration aims to revolutionize real estate with blockchain technology, offering highly granular real estate price feeds and enabling new forms of real estate trading. Both companies are leading the charge in integrating blockchain into traditional finance institutions.

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