Metrospaces Sells Key Technology Platforms to Genesis Holdings in Corporate Restructuring

Metrospaces Inc. has entered into a transformational agreement with Genesis Holdings Inc. that represents a corporate rebirth for the PropTech company. The deal involves selling Metrospaces' two valuable technology assets - MetroCrowd, a blockchain-based real estate tokenization platform, and MetroHouse, an AI-powered property management software - to Genesis Holdings in exchange for $1 million in convertible preferred stock.

This transaction creates the first true value-based path to rebuilding Metrospaces, according to company leadership. Both platforms, which had been long envisioned but never launched due to financial constraints, will now be activated under the Genesis umbrella. Genesis will serve as a publicly traded operational partner aligned with Metrospaces in relaunching these assets in the coming weeks.

The importance of this development lies in its potential to revitalize two innovative real estate technology platforms that could transform property management and real estate investment. MetroCrowd represents the growing trend of real estate tokenization through SEC-registered or exempt security token offerings, while MetroHouse leverages artificial intelligence to optimize property management operations. Both technologies address significant inefficiencies in the traditional real estate market.

Under the new structure, Metrospaces CEO Oscar Brito will be named CEO of Genesis Holdings once the transaction closes, ensuring full transparency and synergy across both companies. This leadership alignment creates operational clarity and cost efficiency while maintaining a united front in executing both companies' missions. The arrangement allows Metrospaces to retain its flagship project, Abode Stays, a premium hospitality platform focused on high-end short-term residences across Europe and the Americas.

For the real estate technology industry, this deal demonstrates how struggling PropTech companies can leverage their intellectual property and technological assets to secure funding and operational partnerships. The transaction provides Metrospaces with real access to funding, a concrete business plan, and a clear path to full relaunch. This could serve as a model for other technology companies facing similar financial challenges while holding valuable but underutilized assets.

The implications extend to investors and the broader PropTech sector, showing how strategic asset sales can create value and enable corporate renewal. The convertible preferred stock structure provides Metrospaces with potential upside while giving Genesis control over the development and commercialization of the acquired platforms. This arrangement could influence how future PropTech partnerships and acquisitions are structured in the rapidly evolving intersection of real estate and technology.

Metrospaces now positions itself to reemerge with strengthened financial footing and a more focused business strategy centered around its Abode Stays hospitality platform. The company's ability to navigate challenging circumstances and structure this transformative agreement suggests potential resilience in the competitive PropTech landscape, where innovation must be balanced with sustainable business models and adequate funding.