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GetJar founder Ilja Laurs is creating a crowdfunding platform, named Oz Finance, that will allow turning real estate units into cryptocurrency tokens, the business daily Verslo Zinios reported on Wednesday.
Ilja Laurs
Ilja Laurs
© DELFI / Karolina Pansevič

Oz Finance CEO Jevgenijus Laurs, Ilja's brother, says the platform is currently operating in a test mode, with some of the necessary permits still pending.

Three properties, worth 7.5 million US dollars in total, are now presented to investors on the platform, according to the CEO.

Founded in 2018, the crowdfunding platform operator has already obtained a license from the central Bank of Lithuania.

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