As the demand for digital currencies grows, it is being met with a scarcity of computing resources. To attempt to address that issue, Redivider is launching the Redivider Blockchain Opportunity Zone Fund, which will invest in data center locations nationwide.
Opportunity Zones, at least among the CRE community, are better known for more traditional investments, such as affordable housing. However, OZs can accommodate any real estate asset category, including data centers.
What makes Redivider's play so interesting is the focus on cryptocurrencies—with their high energy and computing needs—as a driver for data centers. Cryptocurrencies are increasingly moving into the mainstream, with some corporations using them as part of the corporate cash holdings and a growing number of financial institutions offering cryptocurrency-related products and services
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