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 Blocksquareās real estate tokenization infrastructure with Polytradeās marketplace, accelerating adoption of tokenized real estate and bringing enhanced liquidity, transparency, and accessibility to the sector.
This collaboration expands the visibility of Blocksquareās tokenized real estate offerings, giving marketplace operators access to Polytradeās 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.
āReal estate represents the largest asset class globally, eclipsing the combined value of all other markets,ā said Denis Petrovcic, CEO of Blocksquare. āDespite the spotlight on RWAās, 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 Polytradeās platform.ā
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 Polytradeās marketplace providing a decentralized infrastructure, the partnership is expected to attract institutional investors seeking alternative asset classes that align with long-term financial strategies.
āOur collaboration with Blocksquare is another pivotal moment in the evolution of RWA tokenization,ā said Piyush Gupta, Founder of Polytrade. āBy integrating Blocksquareās real estate assets into Polytradeās marketplace, weāre 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. Weāre glad to be able to offer greater transparency, liquidity, and growth potential for all participants.ā
Blocksquare currently works with 12 marketplace operators, who tokenize and list properties through Blocksquareās infrastructure. With this partnership, these operators will be able to expose their tokenized assets to Polytradeās wider user base, fostering community-driven growth and investment from DeFi users globally. By leveraging Polytradeās 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 Blocksquareās blog here.
About Blocksquare
Blocksquare offers SaaS solutions for blockchain-based real estate tokenization. Headquartered in Ljubljana, Slovenia, Blocksquareās 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. Blocksquareās Oceanpoint adds a DeFi layer to its established tokenization infrastructure to create borderless access to real estate financing, for anyone with an internet connection.
Ā Website | X | Telegram | Blog | Facebook | Reddit | LinkedIn | Token overview |Ā
About Polytrade
Polytrade is the worldās leading marketplace for Real-World Assets (āRWAsā). Backed by & partnered with industry giants Mastercard, Polygon, Alpha Wave, and Matrix Partners, Polytradeās 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