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

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Blocksquare has partnered with Vera Capital to tokenize $1 billion in US real estate assets, according to Investing.com.

Blocksquare, a leader in global real estate tokenization infrastructure, aims to transform a wide range of commercial and multifamily properties into accessible investment opportunities via blockchain.

Vera Capital will launch a digital marketplace using Blocksquare’s platform to offer tokenized shares of institutional-grade properties to global investors.

The initiative kicks off with the tokenization of a Fort Lauderdale commercial property valued at $5.4 million, offering a 5% annual return and redevelopment potential.