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Groma is one part real-estate firm, one part tech-startup. Our mission is to build cities better. We have two arms to our business. One focuses on acquiring, renovating and developing buildings in the cities where we operate. And the other focuses on enabling people to own parts of their city as it grows and develops around them.
The first part of business is already scaling rapidly. Groma owns and operates 30+ buildings throughout the Greater Boston Area, on track to double that by year’s end. To accomplish that second part of our mission, we’re launching the world’s first real estate backed cryptocurrency later this year. We expect it to achieve a few key goals: