The Tokenization platform based on Ethereum based in Ethereum (RWA), blocksquare, has teamed up with a real estate company based in Florida to offer a fractional property in a pipeline of American commercial properties worth more than $ 1 billion.
Announced the agreement on April 18, Blocksquare and Vera Capital said that a market will be launched in the coming weeks to allow global investors to buy shares in “dozens of properties” located in seven American states.
The first tokenized properties that will be won are among the existing Vera Group assets, which include a three -story office building in Fort Lauderdale and a retail place in Dania Beach, according to two properties listed on the Vera Capital website.
“All our assets are already part of the group, so with the Vera fund, they have already been purchased, and they belong to us, managed by us and we improve them,” said the CEO of the Vera group, Nick Polyushkin.
Vera Capital is a subsidiary of Vera Group, which also manages a real estate agency in South Florida, a real estate management company and a real estate investment fund with more than $ 100 million invested by acquisitions of commercial properties, land development and residential developments.
Polyushkin said that the $ 1 billion figure comes from the company’s roadmap, which includes the tokenization of existing assets and fundraising for development projects. He said that the future properties that the company provides for Tokenize includes two unit complexes valued between $ 70 and 100 million dollars.
“These are ambitious figures if you look at this from the point of view of residential use in investments, but from a commercial point of view, it is a very realistic number and not only achievable, it is too competitive,” he said.
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Tokenized real estate still needs legal clarity in the United States
To date, Blocksquare has been used for tokenize around 150 properties in 28 countries, with a value of more than $ 145 million. The platform launched a framework in accordance with the EU in February 2025 to allow the owners of Tokenize the economic rights linked to real estate thanks to notarial agreements.
The CEO of Blocksquare, Denis Petrovic, said that once the Vera group’s partnership was underway, Blocksquare began to search to “see if the framework we have of Luxembourg will also be applicable in the United States”.
“There is always the option of launching tokens directly directly without the luxury entity being involved, but just being there, it is an additional convenience for a market based in the United States like Vera Group,” he said.
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