Blocksquare and Vera Capital to Tokenize $1B in US Real Estate

Vera Capital will launch a dedicated digital marketplace, utilizing Blocksquare’s technology, to offer global investors tokenized ownership of institutional-grade US real estate.

The first property to be tokenized is a $5.4 million commercial building in Fort Lauderdale, offering a 5% annual return and redevelopment potential.

The marketplace, expected to launch soon, will feature numerous tokenized properties in seven US states.

“Vera Capital’s $1 billion roadmap marks a significant turning point for real estate tokenization in the US,” said Denis Petrovcic, CEO of Blocksquare, highlighting the synergy between Blocksquare’s technology and Vera’s real estate expertise.

The partnership began with Vera Capital’s campaign on Blocksquare’s Oceanpoint RWA Marketplace Launchpad, raising over 100,000 BST tokens within an hour, far ahead of the 29-day target.