TLDR

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Blocksquare and Vera Capital partnered to tokenize $1 billion in US real estate
The deal will offer fractional ownership of commercial properties across seven US states
First tokenized properties include Vera Group’s existing holdings in Florida
The marketplace is set to launch in the coming weeks
Blocksquare has previously tokenized around 150 properties worth $145 million in 28 countries

In a major development for real-world asset (RWA) tokenization, Ethereum-based platform Blocksquare has formed a partnership with Florida-based Vera Capital to tokenize a portfolio of US commercial properties valued at over $1 billion.

The partnership, announced on April 18, will create a marketplace launching in the coming weeks. This platform will allow global investors to purchase tokenized shares in dozens of properties located across seven US states.

The initial properties available for tokenization are part of Vera Group’s existing holdings. These include a three-story office building in Fort Lauderdale and a retail plaza in Dania Beach, according to Vera Capital’s website.

Expanding Access to Real Estate Investment

“All our assets are already part of the group, so with the Vera Fund they’ve already been purchased, and they are owned by us, managed by us and we are only improving them,” explained Vera Group CEO Nick Polyushkin.

The $1 billion figure represents the company’s roadmap, which includes both tokenizing existing assets and raising funds for development projects. Polyushkin revealed that future tokenization plans include two unit complexes valued between $70 and $100 million each.

Vera Capital is a subsidiary of Vera Group, which operates several real estate businesses in South Florida. The parent company manages a real estate investment fund with over $100 million invested through commercial property acquisitions, land development, and residential developments.

Growing RWA Tokenization Market

Blocksquare has already established itself in the tokenization space. To date, the platform has been used to tokenize approximately 150 properties across 28 countries, with a total value exceeding $145 million.

In February 2025, Blocksquare launched an EU-compliant framework enabling property owners to tokenize economic rights tied to real estate through notarized agreements. This framework may be applicable to the US market as well.

“There’s always the option obviously of launching tokens directly without the Luxembourg entity getting involved, but just having it there it’s an additional convenience for a marketplace based out of the US like Vera Group,” said Blocksquare CEO Denis Petrovic.

The first asset in this new partnership, a $5.4 million property in Fort Lauderdale, is expected to offer investors a 5% annual return. This represents an attractive opportunity in the current market environment.

Market Response and Future Outlook

The market response has been enthusiastic. Vera Capital’s campaign on Blocksquare’s Oceanpoint platform attracted over 100,000 staked BST tokens in just one hour, demonstrating strong investor interest in the project.

Blocksquare currently operates in more than 20 countries, providing tools that connect real estate with blockchain technology. Its Oceanpoint platform also incorporates decentralized finance (DeFi) features.

The tokenization of real-world assets has seen rapid growth in 2024 and 2025. Investors are increasingly seeking more accessible and liquid ways to own physical assets like real estate.

According to rwa.xyz metrics, there is currently $20.99 billion worth of tokenized RWAs as of April 20, 2025. This represents a rise from previous figures, showing the growing adoption of tokenization in traditional finance.

The Blocksquare and Vera Capital partnership marks another step in the trend toward blockchain-based solutions in real estate. Traditional firms are increasingly exploring tokenization as a means to expand investment opportunities.

This collaboration will make real estate investment more accessible to a global audience of investors. By removing traditional barriers to entry, more people can participate in property markets that were previously difficult to access.

When the marketplace launches in the coming weeks, investors will have the opportunity to purchase fractional ownership in commercial properties without the high capital requirements of traditional real estate investment.

The tokenization approach also offers improved liquidity compared to traditional real estate investments, potentially allowing investors to buy and sell their holdings more easily than with conventional property ownership.

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