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Cryptocurrency News Articles
Blocksquare partners with Vera Capital to offer fractional ownership in US commercial properties
Apr 21, 2025 at 11:05 am
Blocksquare and Vera Capital have partnered to launch a marketplace to enable global investors to buy tokenized shares in “dozens of properties” located across seven US states.
This article is a press release that was distributed by the company and not written by Token Terminal.
Ethereum-based real-world asset (RWA) tokenization platform Blocksquare has partnered with a Florida-based real estate company to offer fractional ownership in a pipeline of US commercial properties valued at over $1 billion.
Announcing the deal on April 18, Blocksquare and Vera Capital said a marketplace would launch in the coming weeks to enable global investors to buy tokenized shares in “dozens of properties” located across seven US states.
The first tokenized properties that will be up for grabs are part of Vera Group’s existing holdings, which include a three-story office building in Fort Lauderdale and a retail plaza in Dania Beach, according to two properties listed on Vera Capital’s website.
“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,” Vera Group CEO Nick Polyushkin said.
Vera Capital is a subsidiary of Vera Group, which also runs a South Florida real estate agency, real estate management company, and a real estate investment fund with over $100 million invested through commercial property acquisitions, land development and residential developments.
Polyushkin said the $1 billion figure comes from the company’s roadmap, which includes tokenizing existing assets and raising funds for development projects. He said future properties the company plans to tokenize include two unit complexes valued at between $70 and $100 million.
“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.
To date, Blocksquare has been used to tokenize around 150 properties in 28 countries, at a value of over $145 million. The platform launched an EU-compliant framework in February 2025 to enable property owners to tokenize economic rights tied to real estate through notarized agreements.
Blocksquare CEO Denis Petrovic said once the Vera Group partnership was in progress, Blocksquare started to research to “see if the framework we have from Luxembourg will also be applicable for the US.”
“There’s always the option obviously of launching tokens directly without the Luxembourg entity getting involved, but just having it there it’s an additional convenience for a marketplace based out of the US like Vera Group.”output: New Ethereum-based real-world asset tokenization platform Blocksquare has partnered with a Florida-based real estate company to offer fractional ownership in a pipeline of US commercial properties valued at over $1 billion.
Announcing the deal on April 18, Blocksquare and Vera Capital said a marketplace would launch in the coming weeks to enable investors to buy tokenized shares in “dozens of properties” located across seven US states.
The first tokenized properties that will be up for grabs are part of Vera Group’s existing holdings, which include a three-story office building in Fort Lauderdale and a retail plaza in Dania Beach, according to two properties listed on Vera Capital’s website.
“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,” Vera Group CEO Nick Polyushkin said.
Vera Capital is a subsidiary of Vera Group, which also runs a South Florida real estate agency, a real estate management company, and a real estate investment fund with over $100 million invested through commercial property acquisitions, land development and residential developments.
Polyushkin said the $1 billion figure comes from the company’s roadmap, which includes tokenizing existing assets and raising funds for development projects. He said future properties the company plans to tokenize include two unit complexes valued at between $70 and $100 million.
“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.
To date, Blocksquare has been used to tokenize around 150 properties in 28 countries, at a value of over $145 million. The platform launched an EU-compliant framework in February 2025 to enable property owners to tokenize economic rights tied to real estate through notarized agreements.
Blocksquare CEO Denis Petrovic said once the Vera Group partnership was in progress, Blocksquare started to research to “see if the framework we have from Luxembourg will also be applicable for the US.”
“There’s always the option obviously of launching tokens directly without the Luxembourg entity getting involved, but just having it there it’s an additional convenience for a marketplace based out of the US like Vera Group.”
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