Blockchain real estate platform Blocksquare has recently announced a groundbreaking partnership with Florida-based Vera Capital to tokenize over $1 billion worth of U.S. commercial real estate. This partnership aims to provide global investors with the opportunity to own fractional shares in a diverse portfolio of properties located across seven states.
The collaboration, unveiled on April 18, will see the launch of a dedicated marketplace in the near future, where users can purchase tokenized shares in a variety of properties. The initial listings will include a three-story office building in Fort Lauderdale and a retail plaza in Dania Beach, both of which are part of Vera Group’s existing property portfolio.
Vera Capital, the investment arm of Vera Group, oversees a South Florida real estate agency, property management operations, and a development fund with over $100 million in active investments. The $1 billion tokenization initiative is based on Vera Group’s plan to tokenize its current assets and support new development projects, including two residential unit complexes valued between $70 and $100 million each.
Vera Group CEO Nick Polyushkin expressed confidence in the project’s feasibility, particularly in the commercial real estate sector. He emphasized that while the numbers may seem ambitious for residential investing, they are realistic and achievable within the commercial real estate landscape.
Blocksquare, operating on the Ethereum blockchain, has already tokenized approximately 150 properties across 28 countries with a total value exceeding $145 million. In February 2025, the platform introduced an EU-compliant framework to assist property owners in tokenizing economic rights associated with real estate through notarized agreements.
Blocksquare CEO Denis Petrovic mentioned that the company is exploring the adaptation of its Luxembourg legal framework for the U.S. real estate market. This framework offers additional flexibility and legal assurance for platforms like Vera in the U.S. market.
Industry reports suggest a significant growth trajectory for tokenized financial assets, with estimates projecting a $2 trillion market by 2030. Major companies, including Goldman Sachs, are making substantial investments in tokenization products, indicating a growing interest in this innovative approach to real estate investment.
In conclusion, the partnership between Blocksquare and Vera Capital represents a significant step towards democratizing access to commercial real estate investments through tokenization. This collaboration showcases the potential for blockchain technology to revolutionize the real estate industry and create new opportunities for global investors.