Blocksquare, a pioneering RWA tokenization protocol, has achieved a significant milestone by tokenizing over $100 million worth of real estate assets, marking the launch of its new launchpad – Oceanpoint v0.5.

The milestone underscores Blocksquare's commitment to revolutionizing the real estate tokenization industry, showcasing a diverse portfolio of assets including hotels, restaurants, parking lots, healthcare facilities, and apartments across more than 21 countries.

One of Blocksquare's key successes lies in its robust legal structure, highlighted by the first notarization of a tokenized real estate transaction on the EU land registry. This achievement ensures secure on-chain operations, setting a new global standard for innovation and security in real estate tokenization.

In tandem with this milestone, Blocksquare introduces Oceanpoint v0.5, its DeFi launchpad, aimed at empowering real estate tokenization startups. The launchpad offers startups the opportunity to kickstart their ventures and contribute to the growth of the real estate tokenization ecosystem.

Blocksquare's utility token, BST, plays a pivotal role in the Oceanpoint DeFi ecosystem, allowing users to stake their tokens and convert them into sBST, the governance token. Community members can leverage these tokens to support promising tokenization marketplace operators while earning rewards. This initiative grants startups up to a 100% discount on Blocksquare's SaaS solutions, facilitating their launch and growth with enhanced efficiency.

Marketplace Pools provide a democratized avenue for both marketplace operators and community members to engage and expand within the ecosystem.

Denis Petrovcic, Co-founder and CEO of Blocksquare, commented on the milestone, stating, "Surpassing $100M in tokenized real estate assets across 21 countries is a testament to the immense value of tokenizing RWAs. It signifies a pivotal shift in how traditional assets like real estate are invested in, bridging the gap between traditional and digital assets."

About Blocksquare:

Blocksquare is a provider of SaaS solutions for blockchain-based real estate tokenization. Headquartered in Ljubljana, Slovenia, the platform aims to establish a global network of marketplaces, connecting investors to real estate opportunities in their respective regions. Through its real estate tokenization protocol, Blocksquare enables the digitization of real estate assets at a fraction of the cost, facilitating the rapid launch of online marketplaces. The Oceanpoint platform complements Blocksquare's tokenization infrastructure, providing borderless access to real estate financing for individuals worldwide.