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OFA Group (Nasdaq: OFAL) announced strategy to use blockchain and smart contracts for senior-housing development and mortgage workflows. The plan introduces tokenized equity and debt for projects, and on-chain mortgage records to speed settlement and cut costs, according to a GlobeNewswire release carried by Taiwan News earlier today.
The company also outlined details of two focus areas: fundraising via fractional tokens for new facilities, and blockchain-based processing for financing and refinancing. OFA says the rollout builds on its $100 million digital-asset treasury and will link with in-house AI tools like PlanAid to create an end-to-end digital workflow.
“The establishment of our digital-asset treasury positions us at the forefront of corporate treasury management,” COO Thomas Gaffney told Nasdaq, adding that the broader strategy aims to fund real-estate innovation with faster, non-dilutive capital—an approach the firm now extends to senior-care projects.
Tokenizing property lets investors buy small shares of buildings and receive cash flows through code, which can reduce paperwork and open access to more buyers. For senior housing, where demand is rising with aging populations, quicker funding and transparent records may help developers deliver beds and services sooner.
OFA says using immutable ledgers for mortgages could lower errors and shorten timelines for lenders and residents. The firm plans to align the system with compliance checks, audited processes, and clear investor disclosures so that both institutions and individuals can participate with confidence.
