- Blocksquare announces a major milestone with the tokenization of $100 million in real estate assets and introduces its DeFi launchpad, Oceanpoint v0.5.
- This significant achievement showcases a diverse array of 118 different real estate assets, including hotels, restaurants, parking lots, healthcare facilities, and apartments, across more than 21 countries.
- “Tokenizing over $100 million in real estate assets across 21 countries demonstrates the immense potential of RWA tokenization,” said Denis Petrovcic, Co-founder and CEO of Blocksquare.
Blocksquare reaches a $100M milestone in tokenized real estate and launches Oceanpoint v0.5, a new DeFi platform transforming real estate investment.
Blocksquare’s $100M Tokenization Milestone
Blocksquare, a leading RWA tokenization protocol, has announced the tokenization of $100 million worth of properties. This significant achievement includes a diverse array of 118 different real estate assets, such as hotels, restaurants, parking lots, healthcare facilities, and apartments, spanning more than 21 countries. This milestone underscores Blocksquare’s robust legal structure and innovative approach, highlighted by the first notarization of a tokenized real estate transaction on the EU land registry. This accomplishment enables secure on-chain operations, setting a new global standard and underscoring Blocksquare’s dedication to innovation and security in the real estate tokenization industry.
Introduction of Oceanpoint v0.5
In conjunction with this milestone, Blocksquare has launched its DeFi platform, Oceanpoint v0.5. This launchpad is now live, assisting real estate tokenization start-ups to establish their presence in the market. The utility token BST powers the Oceanpoint DeFi ecosystem, which can be staked and converted into sBST, the governance token. Community members can use these tokens to support emerging tokenization marketplace operators and earn rewards. This initiative provides start-ups with up to a 100% discount on Blocksquare’s SaaS solutions, facilitating their launch and growth with enhanced efficiency.
Market Impact and Future Prospects
Marketplace Pools offer a democratized avenue for both marketplace operators and community members to participate and expand within the ecosystem. “Tokenizing over $100 million in real estate assets across 21 countries demonstrates the immense potential of RWA tokenization,” said Denis Petrovcic, Co-founder and CEO of Blocksquare. “Our dedicated team, committed marketplace partners, and visionary BST holder community are driving a transformation in real estate through democratized investment.”
Conclusion
Blocksquare’s recent achievements in tokenizing $100 million in real estate assets and launching Oceanpoint v0.5 mark significant advancements in the real estate investment landscape. By leveraging blockchain technology and DeFi principles, Blocksquare is democratizing access to real estate investments, offering a secure, efficient, and innovative platform for both investors and marketplace operators. As the ecosystem continues to grow, Blocksquare is poised to set new standards in the industry, driving forward the future of real estate tokenization.
