From Investing.com: 2024-05-29 08:00:03

Blockchain-based tokenization platform, Blocksquare, has tokenized $100 million worth of real estate properties and launched its DeFi platform, Oceanpoint v0.5. The platform has tokenized 118 assets in 21 countries, including hotels, restaurants, and healthcare facilities. Users can stake BST and earn rewards through the governance token sBST.

Blocksquare’s legal structure is validated by the first notarized tokenized real estate transaction in the EU land registry, enabling secure on-chain operations. The platform facilitates the tokenization of various real-world assets, including green bonds. The company completed the world’s first notarized tokenization of a real estate property in September 2023.

Denis Petrovcic, Co-founder and CEO of Blocksquare, emphasized the potential of RWA tokenization in bridging investments in traditional assets. The platform provides SaaS solutions for blockchain-based real estate tokenization, connecting investors with real estate opportunities globally. Headquartered in Ljubljana, Slovenia, Blocksquare enables the digitization and trading of real estate assets on the blockchain.

Read more at Investing.com: Blocksquare hits $100M in tokenized real estate with launch of Oceanpoint v0.5 By Investing.com