Arda Secures $3M to Revolutionize Real Estate with Blockchain

Arda, a blockchain startup, has successfully secured $3 million in a pre-seed funding round. This funding is aimed at enhancing the efficiency of the real estate sector, which is valued at $380 trillion but is currently plagued by fragmentation and opacity.

The funding round was led by Lightshift, a venture firm that focuses on early-stage companies involved in digital infrastructure and programmable assets. Lightshift is known for its strategic partnerships with founders, providing them with capital, technical expertise, and market insights to drive innovation.

Simao Cruz, Founding Partner at Lightshift, highlighted the potential of Arda's initiative, stating, "We invest in founders who are building the foundations of next-generation industries…Arda is developing purpose-built infrastructure that could redefine how real estate is owned, transacted, and financed."

Arda's platform is designed to integrate blockchain technology with real estate, creating a digital infrastructure that includes a programmable execution layer. This layer incorporates digital rights management, AI-driven automation, and seamless data interoperability. The goal is to build an innovative platform that leverages AI and blockchain to reduce transaction times and enhance transparency by enabling real-time ownership and financial processes.

The company is committed to developing a digital framework that unifies real estate assets, data, and financial services into a single, interoperable system. This system will provide users with a verifiable record of property history, streamlining due diligence processes. Additionally, real-time money movement will be facilitated as payments will be directly linked to transactions, improving settlement efficiency.

Another key feature of Arda's platform is its integrated data and automation capabilities, which ensure automated workflows to reduce administrative friction in asset management. Oli Harris, Founder and CEO of Arda, commented on the development, saying, "Real estate remains one of the most valuable yet operationally fragmented asset classes…By creating a programmable, trust-based system, we aim to bring real estate transactions in line with modern digital financial infrastructure."

This funding round marks a significant milestone for Arda, positioning the company to revolutionize the real estate sector by addressing its long-standing inefficiencies. With the support of Lightshift and the innovative technology it brings to the table, Arda is poised to transform how real estate is managed and transacted, paving the way for a more efficient and transparent industry.