Parcl announced the launch of its real estate investment platform, Parcl Protocol.
The platform will enable users to trade the price movements of real estate markets worldwide.
- Users can invest in and trade cities like New York, Miami, Phoenix, and Los Angeles through the platform.
- The company plans to add Paris, London, and Singapore later this year.
- Parcl Protocol leverages data from Parcl Labs to provide insights into global real estate markets, allowing users to buy or short real estate markets.
- The company claims it defers from other platforms by using derivatives to improve diversification and add stability to a protocol.
