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Umbrella Network is a decentralized oracle for dApps to get data across different blockchains, at the lowest price, for 1800+ data pairs, with the most frequently updated data. Our other products include — Bridge, Options Pricing Data, Staking Portal, and more!

Umbrella partners with Floorwire

3 min readOct 1, 2024

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Umbrella Network partners with Floorwire

Real-world assets (RWAs) are reshaping DeFi, bringing the physical and digital worlds together like never before.

They bridge physical assets like real estate and commodities onto blockchains, turning tangible assets into digitally tokenized instruments that bring unprecedented liquidity, transparency, and accessibility to global markets.

With heavyweight players like BlackRock, the world’s largest asset manager, backing RWA tokenization with a staggering $47 million investment, the momentum behind this movement is undeniable.

In commercial real estate, assets like buildings, leases, and floor plans are more than just static data points — they’re crucial for optimizing property management, tenant distribution, and operational efficiency.

And now, with RWAs, these key assets are poised to enter the blockchain ecosystem, transforming how we visualize, trade, and manage real estate.

Spotlight on Floorwire

Floorwire is revolutionizing commercial real estate (CRE) management with dynamic tools that go beyond traditional methods.

Specializing in interactive stacking plans and advanced visualization, the platform helps CRE professionals manage tenant layouts, lease expirations, and rentable square footage with precision.

By streamlining property management, Floorwire is leading the way for more efficient decision-making across real estate portfolios.

Umbrella Network’s role in supporting Floorwire

Umbrella Network and Floorwire are excited to announce a new partnership. Together, we’re bringing RWAs — commercial real estate assets — on-chain, leveraging the power of Umbrella’s oracle and Merkle Tree technology to create a decentralized and transparent way to manage them.

Floorwire brings its deep expertise in commercial real estate, while Umbrella will provide blockchain integration, and bring the real estate assets on-chain, making data more accessible and secure for everyone.

Statements from both teams

“We’re really looking forward to working with Floorwire to bring real estate assets on-chain. Real estate is something nearly everyone interacts with, and we’re excited to make it more accessible and transparent through this partnership.”
— Dino Ivankovich, Head of Business Development at Umbrella Network

“Floorwire is beyond thrilled to partner with Umbrella Network. Their tech is sound, their team is phenomenal, and their ambitions are as massive as Floorwire’s. This partnership will enable Floorwire to deliver capabilities that are not only game-changing, but game-defining.”

— Greg Carpentier, Floorwire’s Founder

Conclusion

As the real estate industry embraces blockchain, our partnership positions Umbrella Network and Floorwire at the forefront of innovation.

Together, we’re laying the foundation for a more decentralized, efficient future for tokenized asset management in the commercial real estate space.

About Umbrella Network

Umbrella Network, is a decentralized oracle service that provides blockchain projects with secure, scalable, and customizable data solutions.

Umbrella offers smart contracts a broad suite of solutions, whether it is high frequency pricing updates, aggregating large volumes of data at scale, or providing tailored price feeds for specific needs. Secured by a network of decentralized community validators, Umbrella can provide any data that you need when you need it.

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If you’re interested in becoming an Umbrella Network Partner, sign up here.

To request to add your token to our oracle feeds, click here.

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Umbrella Network
Umbrella Network

Published in Umbrella Network

Umbrella Network is a decentralized oracle for dApps to get data across different blockchains, at the lowest price, for 1800+ data pairs, with the most frequently updated data. Our other products include — Bridge, Options Pricing Data, Staking Portal, and more!

Umbrella Network Team
Umbrella Network Team

Written by Umbrella Network Team

Decentralized oracle and data layer offering scalable, customizable and high frequency data on chain.

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