Blocksquare and Vera Capital Partner to Tokenize $1 Billion in US Real Estate Assets

TLDR

• Blocksquare and Vera Capital have partnered to tokenize $1 billion in US commercial properties
• The marketplace will launch in coming weeks, offering fractional ownership to global investors
• Properties are located across seven US states, with initial offerings from Vera Group’s existing holdings
• Vera Group manages $100 million in real estate through various subsidiaries
• The tokenization reflects growing interest in real-world asset (RWA) tokenization, with the market reaching $20.99 billion

Blocksquare, an Ethereum-based platform specializing in real-world asset tokenization, has formed a partnership with Florida-based Vera Capital to tokenize a portfolio of US commercial properties valued at over $1 billion. The deal, announced on April 18, will create new investment opportunities for global investors seeking fractional ownership in real estate.

The companies plan to launch a marketplace in the coming weeks that will enable investors to purchase tokenized shares in dozens of properties. These properties are located across seven US states, opening up investment opportunities that were previously difficult to access.

The first properties to be tokenized 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, both in Florida. According to Vera Capital’s website, the Fort Lauderdale property is valued at $5.4 million and offers a 5% annual return.

How the Tokenization Works

Vera Group CEO Nick Polyushkin explained that the properties being tokenized are already owned and managed by the company. “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,” he said.

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

He considers the $1 billion target realistic from a commercial standpoint. “This is ambitious numbers if you’re looking at this from the perspective of residential use in investments, but from a commercial standpoint, this is a very realistic number and not just achievable, it’s over-achievable,” Polyushkin stated.

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

Growing Market for Tokenized Assets

The partnership comes at a time when real-world asset tokenization is gaining traction. According to data from rwa.xyz, the total value of tokenized real-world assets has reached $20.99 billion as of April 20, 2025.

In February 2025, Blocksquare launched an EU-compliant framework that enables property owners to tokenize economic rights tied to real estate through notarized agreements. Now, the company is researching whether this framework can be applied to the US market.

Blocksquare CEO Denis Petrovic explained they are exploring options for the US market. “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,” he said.

Vera Group, the parent company of Vera Capital, manages a diverse portfolio of real estate interests. The group runs a South Florida real estate agency, a real estate management company, and a real estate investment fund that has invested over $100 million through various real estate acquisitions and developments.

The partnership has already generated interest from investors. Vera Capital’s campaign on Blocksquare’s Oceanpoint platform attracted over 100,000 staked BST tokens within just one hour of launch, demonstrating strong market demand for tokenized real estate investments.

Blocksquare operates in more than 20 countries, providing tools that connect real estate with blockchain technology. Its Oceanpoint platform also integrates decentralized finance features, creating a bridge between traditional real estate and the world of digital assets.

The marketplace is expected to launch in the coming weeks, offering investors new ways to gain exposure to the US real estate market through digital tokens.