Currynomics Labs develops Redcurry, a digital currency backed by rent-generating commercial properties such as office buildings and shopping centres. The company positions Redcurry as a form of "new money" intended to grow in value while providing stability and reliability compared with inflation-prone fiat and volatile cryptocurrencies. CEO and co-founder Neeme Liivlaid says the product is designed to solve saving and payment inefficiencies by combining property backing with digital currency mechanics. Currynomics says the project is entering its final stage of development following the recent raise. The firm plans to make Redcurry globally available in 2024. The article does not disclose revenue, users, or other operating metrics.

Total raised

$0M

Funding rounds

1

Latest round

Equity

Latest activity

Sep 2023