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OFA Group Secures $7.5 Million Deal to Support Real Estate Tokenization Project in Florida

OFA Group Secures $7.5 Million Deal to Support Real Estate Tokenization Project in Florida

United States#OFA Group

By PropTechBuzz

5/14/2026

OFA Group has entered into a tokenization service agreement with Vero 60 LLC and Vero Beach Land Development LLC to provide blockchain infrastructure for a residential real estate project in Vero Beach.

Under the agreement signed on May 8, OFA Group will receive a platform technology fee of $7.5 million. The payment will be made in two installments of $3.75 million each, and the company confirmed that it has already received the first installment.

The fee may be paid in U.S. dollars, Bitcoin, or USD Coin, depending on the client’s preference.

OFA Group to Provide Blockchain Infrastructure

The agreement covers the redevelopment of agricultural land into a low-density residential community in Florida. According to the client, the completed project could reach an estimated stabilized value of around $500 million, subject to independent valuation before token issuance.

OFA Group said it will provide blockchain infrastructure services through its Hearth platform. These services include digital token design, smart contract deployment, blockchain-based registry maintenance, and compliance-related technical support.

However, the company clarified that it will not act as a securities issuer, broker-dealer, investment adviser, or fundraising intermediary.

Focus on Real Estate Tokenization Technology

The company stated that digital tokens issued under the project are intended to represent economic or equity interests in a special purpose vehicle linked to the development, rather than direct ownership of the underlying real estate asset.

Larry Wong, chief executive officer of OFA Group, said the agreement demonstrates the capabilities of the company’s Hearth platform for institutional real estate development projects.

In addition, the company noted that the platform technology fee is not tied to the success of any future token sales or capital raising efforts.

Recent Strategic Developments

OFA Group has also recently completed an intellectual property restructuring related to its QIKBIM platform. The company acquired a 50% co-ownership interest in the technology platform, which provides operational and commercial control over the asset.

The company also announced changes to its board of directors, including the appointment of Erwin Baquiran Pineda following the resignation of Won Ping Cheng.

Growing Interest in Tokenized Real Estate

The broader real estate sector has seen increasing interest in tokenization models that use blockchain infrastructure to represent ownership or economic interests digitally.

Companies operating in this segment are exploring ways to improve liquidity, access, and transparency in property-related investments through digital asset technologies.

—----------------------

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Crusoe Raises $1.375B in Series E Funding at Above $10B Valuation

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10/27/2025

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Infravision Raises $91M to Advance Power Infrastructure Construction

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11/10/2025

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Bezos-backed real estate startup Arrived raises $27M to expand fractional-investment platform

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11/14/2025

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DojoNetworks Appoints Multifamily and Network Industry Veteran Charles Walker as Chief Operating Officer

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10/29/2025

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Big Rentals Raises $2.8 Million Seed Round to Modernize Equipment Rentals for Small Businesses

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11/18/2025

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Itron to Acquire Locusview for $525M | Infrastructure Tech Deal

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11/25/2025

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Attentive.ai Raises $30.5M in Series B to Expand AI Take-off Platform

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11/14/2025

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Binsr Inspect Raises $1.1M in Pre-Seed Funding

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11/14/2025

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NetVendor Secures Majority Investment from Five Arrows to Accelerate Growth

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11/4/2025

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Aerwave Named Top Managed Wi-Fi Champion by Broadband Communities

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11/7/2025

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Construction FinTech Billd Raises $7.3 Million to Expand Early Pay Programmes

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11/10/2025

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RealReports Secures $1M Strategic Funding to Boost AI Property Intelligence

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11/17/2025

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Backflip Raises $10M in Equity Funding to Expand Operations

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11/17/2025

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Morgan Properties Finalizes $354M Dream Residential REIT Acquisition

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11/19/2025

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PropUp Partners with OTH Capital to Accelerate Multifamily Renovations and Maximize Returns

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11/12/2025

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Bobyard Raises $35M Series A to Expand AI Construction Platform

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12/11/2025

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Buildroid AI Lands $2 Million to Expand Robotics Trials Across UAE Construction Projects

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11/25/2025

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Tulu Raises Additional $17M in Series A Funding

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11/21/2025

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Paylode Acquired by Moved to Expand Ancillary Revenue Automation

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12/16/2025

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Naftali Group Secures $465 Million in Construction Financing for JEM Private Residences

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11/27/2025

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Civitas Closes $38.4 Million Senior Loan for Class A Multifamily Development in Downtown Silverthorne, Colorado

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11/27/2025

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The Big 12: Multifamily Operators Steering Rental Future in the USA

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11/27/2025

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Morada.ai Raises R$17 Million to Expand AI Platform for Real Estate

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12/16/2025

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Diald AI Raises $3.75M to Expand Real Estate Due Diligence Platform

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12/14/2025

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BuiltAI Raises $6M Seed Funding for U.S. Expansion

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12/3/2025

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Feasibly Raises $1M Pre-Seed Funding to Advance Real Estate Feasibility Analytics

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12/3/2025

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LeanCon raises $6 million Seed to accelerate AI-driven pre-construction planning

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12/4/2025

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Realty Income Announces $800 Million Preferred Equity Investment in CityCenter Las Vegas

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12/8/2025

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PermitFlow Raises $54M in Series B Funding for AI Construction Platform

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12/5/2025

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Hometap launches new equity solution after $50m funding

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12/10/2025

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Ridley Raises $6.4M in Seed Funding to Expand Its AI Real Estate Platform

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12/5/2025

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Unlimited Industries Raises $12M in Seed Funding to Advance Its AI Construction Platform

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12/5/2025

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Nuveen Real Estate Raises $650 Million for Final Close of U.S. Strategic Debt Fund

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12/8/2025

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Quilt Secures $20 Million to Accelerate Its Smart Heat Pump Revolution

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12/9/2025

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Buildcheck Raises $5.9M to Advance AI-Based Construction Design Review Platform

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12/10/2025

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Cushman & Wakefield Arranges $250 Million Construction Financing for Brickell Starlite Multifamily Project in Miami

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12/26/2025

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Beycome Closes $2.5M Seed Round Led by InsurTech Fund

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12/29/2025

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Fibra Next Raises Around USD 30 Million Through Full Over-Allotment Exercise

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1/5/2026

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