Blocksquare will tokenize $1 billion worth of real estate on the Ethereum blockchain

The company will launch a specialized marketplace to enable the purchase of stakes

21.04.2025 - 10:55

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What’s new? Blocksquare, a real-world asset (RWA) tokenization platform based on the Ethereum blockchain, has partnered with Florida-based real estate company Vera Capital. The parties will tokenize commercial real estate in seven US states with a total value of over $1 billion and offer investors equity ownership. A separate marketplace will be launched for this purpose in the coming weeks.

With tokenization, ownership of assets (e.g., securities or real estate) is converted into digital coins on the blockchain that can be traded around the clock without intermediaries, increasing liquidity, cost efficiency and accessibility for a wide range of investors.

What else is known? The first tokenized properties to be put up for sale are part of Vera Group’s existing assets, including a three-story office in Fort Lauderdale and a shopping center in Dania Beach. Later, the company also plans to tokenize two apartment complexes valued between $70 million and $100 million.

Vera Group, the parent company of Vera Capital, also operates a real estate agency in South Florida and is a fund that has invested more than $100 million in commercial real estate acquisitions, land development, and residential development.

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To date, Blocksquare has tokenized about 150 properties in 28 countries for more than $145 million. In February, the platform launched an EU-compliant system to allow property owners to tokenize economic rights to real estate through notarized agreements.

After partnering with Vera Group, Blocksquare began exploring whether a similar system of operation would be applicable in the United States from a legal perspective.

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