DeFi
Blocksquare Reaches $100M in Tokenized Real Estate, Launches New DeFi Platform
Blocksquare announces a major milestone with the tokenization of $100 million in real estate assets and presents its DeFi launchpad, Oceanpoint v0.5. Find out how this innovation is transforming real estate investing.
Square blockone of the leading RWA tokenization protocols, announced the tokenization of properties worth $100 million, coinciding with the release of its new launchpad, Oceanpoint v0.5.
This significant achievement showcases a diverse range of 118 different real estate assets, including hotels, restaurants, parking lots, healthcare facilities and apartments, in over 21 countries.
Blocksquare’s success is based on its robust legal structure, highlighted by the first notarization of a real estate transaction tokenized on the EU land register. This achievement enables secure on-chain operations, setting a new global standard and highlighting Blocksquare’s commitment to innovation and security in the real estate tokenization industry.
Additionally, Blocksquare launched its DeFi platform, Oceanpoint v0.5. This launchpad is now operational and helps real estate tokenization startups establish their presence in the market.
The BST utility token powers the Oceanpoint DeFi ecosystem. It can be staked and converted to sBST, the governance token. Community members can use these tokens to support emerging tokenization market operators and earn rewards. This initiative offers start-ups up to 100% off Blocksquare SaaS solutions, making it easier to launch and grow with greater efficiency.
Marketplace Pools provide a democratized path for marketplace operators and community members to participate and grow within the ecosystem.
“The tokenization of 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, engaged market partners, and visionary community of BST holders are driving a transformation in real estate through democratized investing.”
About Blocksquare
Square block provides SaaS solutions for blockchain-based real estate tokenization. Headquartered in Ljubljana, Slovenia, the Blocksquare platform aims to create a global network of marketplaces, connecting investors with local real estate opportunities. Through its tokenization protocol, real estate assets can be cost-effectively digitized, providing a quick way to launch an online marketplace. Blocksquare Ocean Point The platform enhances this infrastructure by enabling borderless access to real estate financing to anyone with an internet connection.
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