Three Swiss Firms Complete ‘First’ $3 Million Real Estate Transaction on Blockchain

Blockkimo Ltd, a Blockchain property transaction platform has successfully completed “the first” real estate transaction on a blockchain in Switzerland, along with two other companies.

According to the announcement by blockimmo in a blog post on Mar.1, Blockimmo, Elea Labs Ltd., a proptech company and Swiss Crypto Tokens Ltd., a digital assets service firm conducted a blockchain-based real estate transaction that consists of 18 apartments and a restaurant, at a cost of 3 million Swiss francs ($2.98 million).



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