TLDR
- Blocksquare and Vera Capital have partnered to tokenize $1 billion in US real estate
- The deal allows global investors to buy fractional ownership in commercial properties across 7 US states
- First property is a $5.4 million commercial building in Fort Lauderdale offering 5% annual returns
- Vera Capital’s campaign secured over 100,000 staked BST tokens in just one hour
- The marketplace is expected to launch in coming weeks, making institutional-grade properties accessible through tokenization
In a move that could reshape how people invest in real estate, Ethereum-based platform Blocksquare has partnered with Florida-based Vera Capital to tokenize over $1 billion in US commercial properties. The deal, announced on April 18, 2025, will create a marketplace enabling global investors to purchase fractional ownership in dozens of properties across seven US states.
The partnership represents one of the largest real estate tokenization initiatives to date. It aims to transform how people invest in property by making previously inaccessible commercial real estate available to a broader range of investors through blockchain technology.
Vera Capital, a subsidiary of Vera Group, will leverage Blocksquare’s white-label technology to launch its own digital marketplace in the coming weeks. The first tokenized property will be a $5.4 million commercial building in Fort Lauderdale, offering investors a 5% annual return.
Strong Market Demand
The partnership has already shown promising results. Vera Capital’s campaign on Blocksquare’s Oceanpoint RWA Marketplace Launchpad secured over 100,000 staked BST tokens from community supporters in just one hour. The campaign was originally planned to run for 29 days.
This rapid success underscores growing investor interest in tokenized real estate. It also highlights the effective combination of Blocksquare’s technology with Vera Group’s real estate expertise.
“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,” explained Vera Group CEO Nick Polyushkin.
The $1 billion figure comes from the company’s development roadmap. This includes both existing assets and future development projects.
Property Portfolio
The initial properties available for tokenization are part of Vera Group’s current holdings. These include a three-story office building in Fort Lauderdale and a retail plaza in Dania Beach, according to listings on Vera Capital’s website.
Future tokenized properties will include two unit complexes valued between $70 and $100 million. Polyushkin believes the $1 billion target is realistic from a commercial real estate perspective.
“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,” he said.
Expanding Blockchain Adoption
Blocksquare has previously tokenized around 150 properties in 28 countries, valued at over $145 million. In February 2025, the platform launched an EU-compliant framework enabling property owners to tokenize economic rights tied to real estate through notarized agreements.
Denis Petrovcic, CEO of Blocksquare, describes the partnership as “a major turning point for real estate tokenization in the United States.” He notes that Vera Capital is “going beyond just experimenting with blockchain — they’re deploying it at scale to unlock institutional-grade real estate for a global investor base.”
Vera Group, founded in 2012, currently manages over $100 million in real estate assets. The company operates through a vertically integrated model that includes brokerage, development, property management, and investment services.
The tokenization of real-world assets (RWAs) has gained traction in 2024 and 2025. Investors are seeking more accessible ways to own physical assets.
According to metrics from rwa.xyz, there was $20.99 billion worth of tokenized RWAs as of April 20, 2025. The growth reflects broader adoption of blockchain technology in traditional finance.
Blocksquare operates in more than 20 countries. The company provides tools connecting real estate with blockchain technology. Its Oceanpoint platform also integrates decentralized finance features.
The marketplace from Blocksquare and Vera Capital is expected to launch in the coming weeks. It aims to make premium real estate investments accessible to everyone, regardless of their investment capital.
