A Fort Worth-based developer is using a real estate blockchain platform to raise funds for its multi-million dollar Tarrant County residential project.
Serene Country Homes Group has contracted with MGI who has made the token offering with the help of an ACCHAIN blockchain tool for digitization financing, according to a press release.
Serene Country Homes’ first digitized project will add 2,385 homes worth $655 million to the Sendera Ranch residential community near U.S. Highway 287. Construction on the homes is set to begin in the next 18 months, Matthew Carreon of Serene Country Homes told The Dallas Morning News.
“I am thrilled that our group is at the forefront of ushering the real estate industry with the introduction of RET.”
Dirk Foo
Real Estate Token has been introduced as the company’s digital token platform for fundraising with the hopes of minimizing the new community’s development time while benefiting possible property investors with liquidity from the finished project.
“Blockchain is a groundbreaking technology that will change the economic landscape and revolutionize industries the way industrialization shaped the 18th and 19th century,” said Serene Country Homes President and CEO Dirk Foo in the release.
“I am thrilled that our group is at the forefront of ushering the real estate industry with the introduction of RET.”
The company has said the blockchain fundraising is currently open and ongoing. It has also announced the creation of Asset Collection Coin, which will allow for a variety of regions to contribute and exchange on the platform.
“This is the first of many projects we are hoping to launch in the RET ecosystem. As we expand to more markets, RET will help us to realize our goal of bringing affordable homes to more families in North America,” Foo said.
Update Monday, June 19 5:23 p.m.: A previous press release regarding Serene Country Homes and the launch of a digital asset token called RET, erroneously stated that Serene Country Homes was launching or offering the tokens. This was incorrect. The offering is being made by MGI with the help of ACCHAIN, exclusively to non-US citizens or residents. Serene Country Homes has contracted with MGI to build the homes in Serene Sendera Ranch and to manage, sell, and lease homes for the group. Serene Country Homes will be the exclusive contractor and developer for the development project, but is not involved in the offering of the tokens.
Serene Country Homes Group plans to add 2,385 homes to the Sendera Ranch community. [Photo: Courtesy of Serene Country Homes Group]
The Hills of Windridge, another community being developed by Serene Country Homes Group. [Photo: Courtesy of Serene Country Homes Group]
Dallas Innovates, every day
R E A D N E X T
-
The inaugural October 8th Texas Blockchain Summit could be a watershed event for making Texas "the jurisdiction of choice" for Bitcoin and other digital currencies. Lee Bratcher, president of the Texas Blockchain Council, will host a wide array of speakers including Texas Senators John Cornyn and Ted Cruz and Wyoming Senator Cynthia Lummis.
-
The DFW Alliance of Technology and Women held its 19th annual Executive Forum last week, urging attendees to "crack the courage code" and empower women in business. Afterward, DFW*ATW's president, Shanthi Rajaram, spoke with Dallas Innovates about her takeaways from the event—and how being "comfortable with the unknown" helped her start her own entrepreneurship journey.
-
"This industry is young and evolving rapidly," says Cummins. "It's important that a company can position itself to react quickly to capture opportunities like this one."
-
The Village Giving Circle at Texas Women's Foundation funds organizations and initiatives that positively impact the Black community in North Texas.
![Erica Kosemund, Chief Brand Officer, Choctaw Nation of Oklahoma; Gillian Breidenbach, Chief Partnership Officer, North Texas FWC Organizing Committee; Chief Gary Batton, Chief of Choctaw Nation of Oklahoma; Monica Paul, Executive Director of Dallas Sports Commission and President of North Texas FWC Organizing Committee; John Hobbs, Senior Executive Officer of Communications, Choctaw Nation of Oklahoma; and Heidi Grant, Senior Executive Officer of Commerce Administration, Choctaw Nation of Oklahoma, celebrate Choctaw Casinos & Resorts becoming an Official Dallas World Cup 2026 Host City Supporter. [Photo: North Texas FWC Organizing Committee/Choctaw Casinos & Resorts]](https://s24806.pcdn.co/wp-content/uploads/2025/12/FIFA-Choctaw-dec-2025-75x69.jpg)
![Erica Kosemund, Chief Brand Officer, Choctaw Nation of Oklahoma; Gillian Breidenbach, Chief Partnership Officer, North Texas FWC Organizing Committee; Chief Gary Batton, Chief of Choctaw Nation of Oklahoma; Monica Paul, Executive Director of Dallas Sports Commission and President of North Texas FWC Organizing Committee; John Hobbs, Senior Executive Officer of Communications, Choctaw Nation of Oklahoma; and Heidi Grant, Senior Executive Officer of Commerce Administration, Choctaw Nation of Oklahoma, celebrate Choctaw Casinos & Resorts becoming an Official Dallas World Cup 2026 Host City Supporter. [Photo: North Texas FWC Organizing Committee/Choctaw Casinos & Resorts]](https://s24806.pcdn.co/wp-content/uploads/2025/12/FIFA-Choctaw-dec-2025.jpg)
