Blocksquare Tokenizes $100M in Real Estate, Launches DeFi Platform for Global Property Investments

May 30, 2024
Blocksquare Tokenizes $100M in Real Estate, Launches DeFi Platform for Global Property Investments
  • Blockchain-based tokenization platform Blocksquare has tokenized $100 million worth of real estate properties across 118 assets in 21 countries.

  • The success is attributed to its secure and legal tokenization solution, highlighted by the first notarized tokenized real estate transaction on the EU land registry.

  • Blocksquare has launched Oceanpoint v0.5, a DeFi launchpad that supports real estate tokenization start-ups.

  • The platform's utility token, BST, allows users to stake and earn rewards, and can be converted into the governance token sBST.

  • Marketplace Pools within the Blocksquare ecosystem offer engagement opportunities and discounts on SaaS solutions for start-ups.

  • Co-founder and CEO Denis Petrovcic sees the tokenization of traditional assets as a way to bridge investments and democratize access to global real estate opportunities.

Summary based on 2 sources


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