- Blocksquare and Vera Capital partner to tokenize U.S. commercial properties, starting with two buildings in Florida.
- Tokenization allows fractional ownership, opening real estate investment to a broader range of global participants.
Blocksquare has just announced a major collaboration with Vera Capital, a Florida-based real estate company, to tokenize over $1 billion worth of commercial real estate assets in the United States. The partnership marks a new step in expanding property ownership through blockchain technology.
What’s on offer isn’t just concepts, but real properties like a three-story office building in Fort Lauderdale and a shopping mall in Dania Beach. Tokenization will allow anyone in any part of the world to own a fraction of these properties.
The potential for more affordable property ownership through tokenization is a major draw. Furthermore, Vera Capital has set up a special marketplace that will allow the purchase of these assets in token form. The marketplace is scheduled to launch soon. Just imagine, someone living thousands of miles away in Florida could own a fraction of an office building there, with just a few clicks.
Blocksquare $BST on Etheruem, for RWA infrastructure, has partnered with Vera Capital, a Florida-based real estate company, to tokenize $1 billion worth of properties. pic.twitter.com/2iu6CRR7Bw
— ALLINCRYPTO (@RealAllinCrypto) April 21, 2025
Property Tokenization Takes New Spotlight
However, Blocksquare isn’t the only one pushing this narrative. CNF previously highlighted CME Group, which has partnered with Google Cloud to test its Universal Ledger system.
Their main focus is on simplifying the clearing and settlement process in the financial system, which has long been known to be complicated. This collaboration shows that tokenization is no longer an experimental idea, but is being tested and implemented by large institutions.
On the other hand, this trend is also felt in other blockchain networks such as Stellar. Its foundation is targeting a value of $3 billion for real-world assets tokenized on their platform this year. Whereas last year, the value was only a tenth of that.
They have also collaborated with Paxos, SG Forge, Etherfuse, and others to support this target. Not only that, big names such as Franklin Templeton and WisdomTree are also participating through investment products such as bonds and mutual funds.
Institutions Eye Liquidity Solutions in Asset Transformation
A report from Blockchain App Factory on April 9 stated that the total value of real-world assets that have been tokenized has now reached $14 billion. Of that amount, around $6 billion comes from the property sector.
This rapid adoption cannot be separated from the role of institutions such as BlackRock, Fidelity, and HSBC who are starting to pay great attention. They believe that tokenization can be a solution to the limited liquidity in the traditional asset sector.
More interestingly, projections from the Boston Consulting Group show the extraordinary potential of this sector. According to them, the tokenization market could grow to $23.4 trillion by 2033. More than a third of it is estimated to come from the banking sector, along with the need for efficiency in managing funds, real estate, credit, and bonds.
Not wanting to be left behind, Kraken also took a strategic step. On April 14, 2025, they expanded their services by launching commission-free trading for more than 11,000 stocks and ETFs in the United States. This step opens up new opportunities for integration between traditional financial assets and blockchain infrastructure.
Looking at the movements of various parties from startups to financial giants, tokenization no longer seems like just an alternative.
