Blocksquare has reached a $1 billion tokenization partnership for U.S. real estate with Vera Capital.

robot
Abstract generation in progress

According to a report by Chainwire, Blocksquare and Vera Capital announced today a partnership agreement worth $1 billion to tokenize commercial and multifamily real estate assets across the United States. Vera Capital will leverage Blocksquare's white label technology to launch a dedicated digital marketplace that offers institutional-grade tokenized ownership of U.S. real estate to global investors. The first tokenization project is a commercial property in Fort Lauderdale, Florida, valued at $5.4 million, with an annual return of 5%.

View Original
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)