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Blocksquare Partners with Polytrade to Bring Tokenized Real Estate to DeFi

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Release: 2024-10-01 21:02:12
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Blocksquare today announced a strategic partnership with Polytrade, a decentralized finance (DeFi) platform facilitating the tokenization of real-world assets (RWAs).

Blocksquare Partners with Polytrade to Bring Tokenized Real Estate to DeFi

Real estate tokenization company Blocksquare has announced a partnership with decentralized finance (DeFi) platform Polytrade to offer tokenized real estate assets on Polytrade’s marketplace.

This collaboration will integrate Blocksquare’s infrastructure with Polytrade’s marketplace, giving marketplace operators access to Polytrade’s vast DeFi network. In turn, Polytrade users will gain exposure to real estate as a new asset class within their platform.

“Real estate represents the largest asset class globally, eclipsing the combined value of all other markets,” said Denis Petrovcic, CEO of Blocksquare. “Despite the spotlight 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 Polytrade’s marketplace providing a decentralized infrastructure, the partnership is expected to attract institutional investors seeking alternative asset classes that align with long-term financial strategies.

“Our collaboration with Blocksquare is another pivotal moment in the evolution of RWA tokenization,” said Piyush Gupta, Founder of Polytrade. “By integrating Blocksquare’s real estate assets into Polytrade’s marketplace, we’re 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. We’re glad to be able to offer greater transparency, liquidity and growth potential for all participants.”

Blocksquare currently works with 12 marketplace operators, who tokenize and list properties through Blocksquare’s infrastructure. With this partnership, these operators will be able to expose their tokenized assets to Polytrade’s wider user base, fostering community-driven growth and investment from DeFi users globally.

By leveraging Polytrade’s 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 Blocksquare’s blog here.

About Blocksquare

Blocksquare offers SaaS solutions for blockchain-based real estate tokenization. Headquartered in Ljubljana, Slovenia, Blocksquare’s 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. Blocksquare’s Oceanpoint adds a DeFi layer to its established tokenization infrastructure to create borderless access to real estate financing, for anyone with an internet connection.

 Website | X | Telegram | Blog | Facebook | Reddit | LinkedIn | Token overview | 

About Polytrade

Polytrade is the world’s leading marketplace for Real-World Assets (“RWAs”). Backed by & partnered with industry giants Mastercard, Polygon, Alpha Wave, and Matrix Partners, Polytrade’s 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.

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