With the forthcoming launch of a blockchain-powered capital raise, Milwaukee development firm F Street Group is betting on innovations it believes will shape the future of the economy.

“Whether people realize it or not, (blockchain is) here and transactions are occurring daily in the blockchain-crypto world,” F Street Group president Scott Lurie said. “We see it to be a very important piece of the future and we’re investing time and resources into it today.”

With its new F Street Blockchain initiative, F Street Group — the developer behind the site of Milwaukee Tool’s new downtown office, among other projects — aims to capture a new source of capital for its commercial real estate development and lending businesses from a pool of global investors that will each contribute smaller amounts than its traditional investors typically put up.

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