According to ChainCatcher, SkyTrade, a blockchain-based global air rights market, has completed its pre-seed round of financing, led by Modular Capital and Portal Ventures, with participation from Solana Foundation, Mercatus Center, and angel investors Santiago R Santos and Yano. The specific amount of financing was not disclosed.
SkyTrade is building the worldâs first marketplace for air rights, enabling owners, real estate companies and traders to monetize and fluidly buy and sell air rights.
According to Web3 asset data platform RootData, SkyTrade is a blockchain-based global air rights marketplace for buying, selling, and leasing airspace. SkyTrade enables users to take control of their own low-altitude airspace, allowing them to seamlessly register, manage, and control access.
