Press Release

RAC links up with MOAC Foundation

As part of the partnership, MOAC invested an undisclosed amount into RAC’s seed round. Also, MOAC CMO Cherie Liu will be joining RAC as an advisor

Palo Alto, Calif. 14th December 2018RAC, a full-stack asset management and securitisation platform, announced today that it has entered into a partnership with the MOAC Foundation, a cooperative not-for-profit organisation that supports the development of the MOAC blockchain and promotes the use of MOAC’s multi-layer architecture for commercial applications. 

RAC is an all-in-one securitisation and digitisation platform for commercial real estate, investment funds, private debt, and more. Together with MOAC, RAC hopes to expand the public’s access to securitised assets.

Winston Feng, RAC’s Co-Founder and CEO, says: “We are delighted to partner with MOAC on multiple fronts. MOAC will help us augment our core asset management and securitisation capabilities and fulfil our mission of systematically structuring previously inaccessible, illiquid but high-yielding private investments and making them available for a broad global investor base.” 

The two parties have agreed to actively explore implementation of MOAC’s technology protocol to improve the experience of investors and issuers on RAC’s platform, and to reduce the administrative burden of the entire life cycle of private assets’ investing and trading. 

“At the MOAC foundation, we are building the real industrial world blockchain solutions with massive quantities of daily active users,” Liu says. “This partnership furthers our mission to build a blockchain foundation for traditional financial assets management and improve efficiency for investors.”

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