The Venture Codex Logo

The Venture Codex

Lucentblock

11F, 1, Expo-ro, Yuseong-gu, Daejeon, Taejon-jikhalsi, South Korea

Overview

Lucentblock runs 소유 (SOU-YOU), a real-estate fractional investment platform that securitizes expensive commercial properties into tokenized securities for small investors. The company launched the 소유 service in April 2022 and issued Korea’s first security token (ST) “Anguk Downtowner” in June 2022. It was designated as a Financial Services Commission innovation finance service in May 2021 and was re-designated again this year. Since the platform’s launch 1.5 years ago, Lucentblock has reached cumulative invested capital of ₩340 billion. The company says it will list more investable buildings, expand user touchpoints, and activate trading to create new space experiences. Management emphasizes improving transparent, efficient and safe investment experiences as it scales.

Total raised
$12M
Funding rounds
1
Latest round
Series B
Latest activity
Nov 2023

Industries

  • Financial Services
  • FinTech
  • Real Estate
  • Small and Medium Businesses
Visit website

Recent funding

  1. Series B

    Nov 2023

    $12M

Team

No current team members are available.