Blocksquare and FractioneX partner to make real estate investing more accessible

From Investing.com

October 11, 2024 07:00 AM:

Blocksquare has partnered with FractioneX, a real estate tokenization platform aiming to make homeownership more accessible. FractioneX enables fractional interests in properties, offering opportunities for investors to diversify and gain from rental income and property appreciation. The partnership utilizes Blocksquare’s tokenization infrastructure for transparency and security.

FractioneX will offer a promotional airdrop of 1,000 BSPT property tokens to early supporters, allowing individuals to participate in real estate investments. The platform plans to expand into commercial real estate, providing fractional interests in office and retail spaces. Through collaboration with Blocksquare, FractioneX aims to broaden accessibility to real estate investments for new investors.

In support of the campaign, FractioneX will run a 30-day initiative on Blocksquare’s Oceanpoint DeFi launchpad, where $BST token holders can stake governance tokens to fund FractioneX’s projects. The partnership seeks to empower a new generation of investors by offering a platform for engaging in real estate investments that were previously out of reach.

Read more at Investing.com: Blocksquare Partners with FractioneX to Empower First Time Real Estate Buyers By Chainwire