CurveBlock, a Leeds-based proptech firm focused on carbon-zero housing, has secured $400,000 (approx. £298,000) in funding from blockchain network Kadena. The grant is part of Kadena’s $25 million programme supporting real-world asset (RWA) tokenisation on its infrastructure.
The funding will enable CurveBlock to scale its digital platform and introduce blockchain-based property investment opportunities to retail investors. Initially targeting institutional players under the oversight of the UK’s Digital Securities Sandbox, the company plans to expand access to fractionalised investments in energy-positive homes, residences that generate more energy than they consume.
Founded in 2018, CurveBlock aims to democratise real estate investment while addressing climate goals and housing inequality. Its model enables individuals to invest in green housing projects, with profits shared equally between the firm and investors. It also reinvests a portion of earnings into homelessness support in the communities where it operates.
The partnership with Kadena will enable CurveBlock to leverage the blockchain’s secure and scalable infrastructure to launch tokenised development shares, offering improved transparency and efficiency. The firm is the first tokenised real estate fund to be accepted into the UK’s Digital Securities Sandbox, a joint initiative by the Bank of England and FCA to test innovative financial models. CurveBlock is also preparing for a Series A funding round later this year.