Trump’s new 401(k) rule powers world’s largest university-crypto development in Chicago, reviving U.S. infrastructure with housing, jobs and education.
CHICAGO, IL, UNITED STATES, August 12, 2025 /EINPresswire.com/ -- A $210 million project in Chicago is making history – not just for its size, but for what it represents: a new blueprint to channel cryptocurrency into real-world infrastructure, to rebuild housing, jobs and education.
Announced today by Neem Capital, Immaculata Living, Evergon by Nexera, and the American Islamic College (AIC), the development is the largest university-backed, crypto-powered real estate project in the world and the first to take advantage of President Trump’s new Executive Order allowing cryptocurrencies, real estate, and private equity to be included in 401(k) retirement plans.
“This is the proof-of-concept America’s been waiting for,” said Dr Timothy J. Gianotti,
President of AIC. “We’re showing how digital assets can be converted into classrooms, housing, jobs, and community life – responsibly and at scale.”From Policy to Project:
The federal policy change, signed August 7, is expected to unlock billions in retirement capital for alternative investments. By tying tokenized real estate to compliant investment structures, the Immaculata project offers a template that could be replicated nationwide to upgrade housing, education, and public spaces without relying solely on taxpayer funding.
The redevelopment will restore the century-old Immaculata campus - a Chicago lakeshore landmark – and add a 22-story tower with 437 premium residences. This includes 192 senior living apartments with care and wellness services, and 235 apartments for young professionals. All residents and neighbors will have access to AIC’s cultural and academic programs, including public lectures, seminars, and intergenerational mentoring.
How the Model Works:
Instead of selling cryptocurrency to buy property, accredited investors can now use their digital assets to buy a share of a home – like owning stock in a company.
Through the Evergon by Nexera platform, each share represents a specific apartment in the development. Investors earn returns from rental income, which they can take in stablecoins, U.S. dollars, or even tuition credits at the American Islamic College – creating a direct link between real estate and lifelong learning.
Because ownership is recorded and managed on the blockchain, every transaction is transparent, secure, and compliant with U.S. regulations. Legal title is held by a Wyoming DAO LLC, creating a permanent, public record of all co-owners.
Projected annual yields are 7–12%, backed by real, income-producing property. Investors can also sell their stakes quickly through a built-in “Instant Fund” liquidity facility run by Evergon and Neem Capital, without affecting the underlying property.
“Evergon provides the secure digital infrastructure that turns this idea into reality,” said Rachid Ajaja at Nexera. “Every transaction follows the rules automatically, so investors can trust the process from day one. And because it runs on the Nexera Chain, we can keep costs low even as more people take part.”
A National Blueprint:
“This isn’t a one-off project,” said Mohammed Marikar, CEO of Neem Capital. “It’s a blueprint for how crypto wealth can be mobilized to rebuild American cities – from housing and education to cultural and civic infrastructure.”
With construction approvals secured and completion expected within three years, the model is already attracting interest from other U.S. cities exploring how to connect retirement capital, digital assets, and urban regeneration.
Pre-registration for accredited investors is open now at: ImmaculataLiving.com
No comments:
Post a Comment