Blocksquare, Vera Capital Tokenize $1 Billion US Properties

Blocksquare, an Ethereum-based platform specializing in real-world asset tokenization, has partnered with Vera Capital to tokenize a portfolio of US commercial properties valued at over $1 billion. This collaboration aims to create new investment opportunities for global investors by offering fractional ownership in real estate. The marketplace, set to launch in the coming weeks, will enable investors to purchase tokenized shares in dozens of properties located across seven US states.

The initial properties to be tokenized are part of Vera Group’s existing holdings, including a three-story office building in Fort Lauderdale and a retail plaza in Dania Beach, both in Florida. Vera Group CEO Nick Polyushkin highlighted that these assets are already owned and managed by the company, with plans to improve them further. The $1 billion figure represents the company’s roadmap, which includes both existing assets and future development projects. Polyushkin considers this target realistic from a commercial standpoint, mentioning future tokenization plans for two unit complexes valued between $70 and $100 million.

Blocksquare has a proven track record in the tokenization space, having tokenized about 150 properties across 28 countries, with a total value exceeding $145 million. The partnership with Vera Capital comes at a time when real-world asset tokenization is gaining traction. The total value of tokenized real-world assets has reached $20.99 billion as of April 20, 2025, according to data from rwa.xyz. In February 2025, Blocksquare launched an EU-compliant framework that enables property owners to tokenize economic rights tied to real estate through notarized agreements. The company is now researching whether this framework can be applied to the US market.

Blocksquare CEO Denis Petrovic explained that the company is exploring options for the US market, including the possibility of launching tokens directly without involving the Luxembourg entity. This would provide an additional convenience for a marketplace based out of the US like Vera Group. Vera Group, the parent company of Vera Capital, manages a diverse portfolio of real estate interests, including a South Florida real estate agency, a real estate management company, and a real estate investment fund that has invested over $100 million through various real estate acquisitions and developments.

The partnership has already generated significant interest from investors. Vera Capital’s campaign on Blocksquare’s Oceanpoint platform attracted over 100,000 staked BST tokens within just one hour of launch, demonstrating strong market demand for tokenized real estate investments. Blocksquare operates in more than 20 countries, providing tools that connect real estate with blockchain technology. Its Oceanpoint platform also integrates decentralized finance features, creating a bridge between traditional real estate and the world of digital assets.

The marketplace is expected to launch in the coming weeks, offering investors new ways to gain exposure to the US real estate market through digital tokens. This collaboration between Blocksquare and Vera Capital reflects the growing interest in real-world asset tokenization and the potential it holds for transforming the real estate investment landscape. The partnership not only opens up new investment opportunities but also showcases the innovative use of blockchain technology in the real estate sector.