Ethan Blumenthal is the CEO of OwnProp, a platform that enables investors–large and small–to invest in commercial and multi-family real estate. They do this by leveraging the power of the blockchain and NFTs. In this Spotlight episode, Ethan describes his background as a blockchain engineer and how he found his way to Austin to pursue a career in the crypto industry. He then explains OwnProp’s aim to lower the minimum investment and create a liquid secondary market for investment stakes. Ethan also shares the story of OwnProp's journey from its founding to its current stage, and its plans to open up investment opportunities to retail investors. He also discusses the difference between OwnProp and other tokenization startups in the market, emphasizing OwnProp's focus on prime assets with lucrative upside.
Episode links
What is Austin Next?
Austin's evolution into a global innovation superstar is at the heart of Austin Next. We uncover insights into the region's transformation and what it means for ecosystem building.
Our exploration extends to emerging trends, technologies, and their convergence. Using Austin as our real-world case study and experts from around the world, we aim to understand the true nature and mechanics of innovation.