Fraction lists first property on the Fraction Exchange
Fraction has completed the successful Initial Fraction Offering (IFO) and listing on the Fraction Exchange of a condo unit in Onnut, Bangkok.
The complete journey of digitisation of the title deed and fractionalisation of its ownership was followed by the initial offering of the fractions, all provided and completed on the Fraction platform. Following the IFO, the fractions of UDON-0001, the name given to the asset, were admitted and quoted on the Fraction Exchange where they can now be traded amongst investors in our closed loop beta testing period.
UDON-0001 will be the first of many properties to be digitised and fractionalised by Fraction this year.