Ljubljana, Slovenia, October 1st, 2024, Chainwire
Blocksquare today announced a strategic partnership with Polytrade, a decentralized finance (DeFi) platform facilitating the tokenization of real-world assets (RWAs). This collaboration will integrate Blocksquareâs real estate tokenization infrastructure with Polytradeâs marketplace, accelerating adoption of tokenized real estate and bringing enhanced liquidity, transparency, and accessibility to the sector.
This collaboration expands the visibility of Blocksquareâs tokenized real estate offerings, giving marketplace operators access to Polytradeâs extensive DeFi network. In turn, Polytrade users gain exposure to real estate as a new asset class within their platform, offering them opportunities to invest in tokenized properties with greater flexibility and lower capital requirements.
âReal estate represents the largest asset class globally, eclipsing the combined value of all other markets,â said Denis Petrovcic, CEO of Blocksquare. âDespite the spotlight on RWAâs, bringing the value of real estate on-chain efficiently has been a major hurdle. Blocksquare addresses this by tokenizing over 140 properties in 20+ countries, and we are thrilled to provide this value to Polytradeâs platform.â
As global economies face fluctuating interest rates and inflationary pressures, tokenized real estate offers investors a unique opportunity to diversify portfolios with stable, tangible real estate assets without needing to expend large amounts of capital. With Polytradeâs marketplace providing a decentralized infrastructure, the partnership is expected to attract institutional investors seeking alternative asset classes that align with long-term financial strategies.
âOur collaboration with Blocksquare is another pivotal moment in the evolution of RWA tokenization,â said Piyush Gupta, Founder of Polytrade. âBy integrating Blocksquareâs real estate assets into Polytradeâs marketplace, weâre not only expanding access to a wider range of assets but also creating new opportunities for investors to diversify their portfolios in ways that were previously unimaginable. Weâre glad to be able to offer greater transparency, liquidity, and growth potential for all participants.â
Blocksquare currently works with 12 marketplace operators, who tokenize and list properties through Blocksquareâs infrastructure. With this partnership, these operators will be able to expose their tokenized assets to Polytradeâs wider user base, fostering community-driven growth and investment from DeFi users globally. By leveraging Polytradeâs DeFi ecosystem, both platforms aim to drive greater market activity and liquidity, grow their user base, and reinforce the growing momentum of tokenized RWAs.
To learn more about the partnership, please visit Blocksquareâs blog here.
About Blocksquare
Blocksquare offers SaaS solutions for blockchain-based real estate tokenization. Headquartered in Ljubljana, Slovenia, Blocksquareâs platform aims to power a global network of marketplaces, connecting investors to real estate opportunities in their region. Through its real estate tokenization protocol, anyone can digitize real estate assets at a fraction of the cost, while providing the quickest way to launch an online marketplace. Blocksquareâs Oceanpoint adds a DeFi layer to its established tokenization infrastructure to create borderless access to real estate financing, for anyone with an internet connection.
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About Polytrade
Polytrade is the worldâs leading marketplace for Real-World Assets (âRWAsâ). Backed by & partnered with industry giants Mastercard, Polygon, Alpha Wave, and Matrix Partners, Polytradeâs marketplace brings together tokenized t-bills, credit, stocks, real estate, commodities as well as collectibles, art, IP, creator royalties, luxury goods from all chains to a single platform. Using its own RWA-focused ERC-6960 technology, Polytrade enables its 60,000+ users to discover, trade, fractionalize, cross-chain bridge, leverage, trade and simply do more with RWAs.
Contact
CMOJulia BuchholzBlocksquaremarketing@blocksquare.io