#BTCUptober Blocksquare Partners with Polytrade to Enhance RWA Adoption.
Ljubljana, Slovenia, October 1st, 2024, Chainwire #BTCUptober
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.
"Real estate represents the largest asset class globally, eclipsing the combined value of all other markets," said Denis Petrovcic, CEO of Blocksquare. "Despite the s
potlight on RWA's, 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 Polytrade's platform."
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.