PartnershipJul 2, 2026, 10:01 AM
TAP Real Estate Secures Perpetual Tech License from TAP Inc. for $700K
AI Summary
TAP Real Estate Technologies, Inc. has entered into an Amended and Restated License Agreement with TAP, Inc., securing a perpetual, exclusive, and royalty-free license for TAP's token engine, blockchain registry, wallet, and related technology in the real estate sector. This agreement supersedes the original license set to expire on June 30, 2026. The total license fee is $700,000, of which $695,000 has already been paid, with the remaining $5,000 due by September 30, 2026.
Key Highlights
- Secured a perpetual, exclusive, and royalty-free license from TAP, Inc.
- License covers TAP's token engine, blockchain registry, wallet, and related technology.
- Total license fee is $700,000.
- $695,000 of the license fee has already been paid.
- Remaining $5,000 is due on or before September 30, 2026.
- License is for use in the real estate sector worldwide.
- Supersedes the original license agreement set to expire June 30, 2026.
Price Impact
More from RWAX
DealsMay 29, 4:14 PM
TAP Real Estate Extends Option to Purchase Zermatt Resort by 90 Days
Quarterly ResultMay 13, 4:12 PM
TAP Real Estate Reports Q1 Net Loss of $2.96M; Going Concern Doubt
PartnershipApr 6, 4:06 PM
TAP Real Estate Technologies Extends Technology License Agreement with TAP, Inc. to June 30, 2026