Blocksquare, a leading tokenization protocol, made a groundbreaking announcement today, revealing that they have successfully tokenized assets worth $100 million. This incredible milestone coincides with the launch of Blocksquare’s highly anticipated Oceanpoint v0.5 launchpad.
The impressive achievement of tokenizing $100 million in real estate assets on their platform encompasses a diverse portfolio of 118 properties including apartments, restaurants, parking lots, hotels, and medical facilities. These properties are situated in more than 21 countries around the world, showcasing the global reach and impact of Blocksquare’s platform.
The success of Blocksquare can be largely attributed to their robust legal framework, which has facilitated the first notarization of a tokenized real estate transaction on the EU land registry. This groundbreaking moment has paved the way for secure on-chain activities, setting a new benchmark in the real estate tokenization space and emphasizing Blocksquare’s unwavering commitment to security and innovation.
In addition to this momentous achievement, Blocksquare is proud to introduce Oceanpoint v0.5, their DeFi launchpad. This cutting-edge platform is now fully operational and aims to support startups focused on real estate tokenization.
At the heart of the Oceanpoint DeFi ecosystem lies Blocksquare’s utility token, BST, which holds immense power and potential. Token holders can stake and convert BST into sBST, the governance token, unlocking a range of benefits and incentives. Community members now have the opportunity to earn rewards by supporting prospective tokenization marketplace operators with these tokens. This initiative not only empowers startups but also offers substantial discounts of up to 100% on Blocksquare’s SaaS solutions, enabling them to develop and expand their businesses with ease and efficiency.
The introduction of Marketplace Pools provides an inclusive and seamless platform for community members and marketplace operators to interact and collaborate within the ecosystem. This innovative feature fosters growth and development, ensuring a vibrant and thriving community.
Denis Petrovcic, Co-founder and CEO of Blocksquare, expressed his excitement about these recent developments, stating, “We are thrilled to have achieved such a significant milestone in the tokenization of real estate assets. With the launch of Oceanpoint v0.5, we are confident that we can further revolutionize the real estate industry and empower startups to thrive in this new era of digital innovation.”
Blocksquare’s accomplishments and advancements in the realm of tokenization are set to reshape the real estate industry and create new opportunities for investors and entrepreneurs alike. The future looks promising as Blocksquare continues to lead the way in security, innovation, and global expansion.