Blocksquare, a leader in real estate tokenization, and Vera Capital have announced a $1 billion initiative to tokenize US real estate.
This partnership will bring a significant portfolio of commercial and multifamily properties onto the blockchain using Blocksquare’s scalable, compliant infrastructure.
Vera Capital plans to launch a digital marketplace with Blocksquare’s technology, allowing global investors to access US properties through tokenized ownership.
The first asset to be tokenized is a $5.4 million commercial property in Fort Lauderdale, offering a 5% annual return and redevelopment potential.
“Vera Capital’s $1 billion plan marks a pivotal moment for real estate tokenization in the US,” said Denis Petrovcic, CEO of Blocksquare. “This is a shift from experimenting with blockchain to large-scale deployment, making institutional-grade real estate accessible globally.”
The partnership began with Vera Capital’s successful campaign on Blocksquare’s Oceanpoint RWA Marketplace Launchpad, securing over 100,000 staked $BST tokens in just one hour—far ahead of the 29-day target.