Blocksquare announces major milestone of tokenizing $100M worth of real estate assets and introduces Oceanpoint v0.5, a DeFi launchpad. See how this innovation is transforming real estate investing.
Blocksquare, the leading RWA tokenization protocol, has announced the tokenization of $100 million worth of assets in conjunction with the release of their new launchpad, Oceanpoint v0.5.
This significant achievement showcases the diversity of 118 different real estate assets, including hotels, restaurants, car parks, medical facilities and apartments across more than 21 countries.
Blocksquare's success is rooted in a strong legal structure, symbolized by the first notarization of a tokenized real estate transaction at the EU Land Registry. This achievement enables secure on-chain operations, establishes a new global standard, and highlights Blocksquare's dedication to innovation and security in the real estate tokenization industry.
Additionally, Blocksquare has released its DeFi platform Oceanpoint v0.5. The launchpad is now live and helping real estate tokenization startups establish their presence in the market.
The utility token BST drives the Oceanpoint DeFi ecosystem and can be staked and converted into the governance token, sBST. Community members can use these tokens to support emerging tokenized marketplace operators and earn rewards. The initiative allows startups to take advantage of Blocksquare's SaaS solutions at up to 100% discounts, driving efficiencies to accelerate launch and growth.
Marketplace pools provide a democratized means for both marketplace operators and community members to participate and grow the ecosystem.
“Tokenizing over $100 million in real estate assets across 21 countries is a testament to the immense potential of RWA tokenization,” said Denis Petrovsic, co-founder and CEO of Blocksquare. “Our dedicated team, committed marketplace partners, and visionary BST holder community are driving the transformation of real estate through democratized investing.”
About Blocksquare
Blocksquare provides a SaaS solution for blockchain-based real estate tokenization. Based in Ljubljana, Slovenia, Blocksquare's platform aims to build a global marketplace network that connects investors with local real estate opportunities. Its tokenization protocol allows real estate assets to be cost-effectively digitized, allowing online marketplaces to be launched quickly. Blocksquare's Oceanpoint platform powers this infrastructure by making real estate financing accessible across borders to anyone with an internet connection.
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