Blocksquare Partners with Polytrade to Boost RWA Adoption

Ljubljana, Slovenia, October 1st, 2024

Blocksquare has announced a strategic partnership with Polytrade, a decentralized finance (DeFi) platform focused on the tokenization of real-world assets (RWAs). This collaboration aims to integrate Blocksquare’s real estate tokenization infrastructure with Polytrade’s marketplace, which is expected to enhance the adoption of tokenized real estate, providing greater liquidity, transparency, and accessibility in the sector.

This partnership will increase the visibility of Blocksquare’s tokenized real estate offerings, allowing marketplace operators to connect with Polytrade’s extensive DeFi network. In turn, users on Polytrade will gain access to real estate as a new asset class on their platform, creating opportunities for investing in tokenized properties with increased flexibility and reduced capital requirements.

"Real estate represents the largest asset class globally, surpassing the combined value of all other markets," stated Denis Petrovcic, CEO of Blocksquare. "While the tokenization of real estate has garnered attention, efficiently bringing its value on-chain has been a significant challenge. Blocksquare addresses this by tokenizing over 140 properties across more than 20 countries, and we are excited to provide this value through Polytrade’s platform."

As global economies experience fluctuating interest rates and inflationary challenges, tokenized real estate presents investors with a unique chance to diversify their portfolios through stable, tangible assets without the need for substantial capital investments. By leveraging a decentralized infrastructure, this partnership is set to attract institutional investors seeking alternative asset classes that fit long-term financial strategies.

“Our collaboration with Blocksquare marks a significant step in the evolution of RWA tokenization,” said Piyush Gupta, Founder of Polytrade. “Integrating Blocksquare’s real estate assets into our marketplace not only broadens access to a variety of assets but also opens new avenues for investors to diversify their portfolios in ways previously thought impossible. We are pleased to enhance transparency, liquidity, and growth potential for all involved.”

Currently, Blocksquare collaborates with 12 marketplace operators that tokenize and list properties through its infrastructure. This partnership will enable these operators to showcase their tokenized assets to a broader user base on Polytrade, encouraging community-driven growth and investment from DeFi users around the world. By utilizing Polytrade’s DeFi ecosystem, both platforms aim to boost market activity and liquidity, expand their user bases, and reinforce the momentum of tokenized RWAs.

About Blocksquare

Blocksquare provides SaaS solutions for blockchain-based real estate tokenization. Based in Ljubljana, Slovenia, Blocksquare’s objective is to create a global network of marketplaces that connect investors with local real estate opportunities. Through its tokenization protocol, the company allows individuals to digitize real estate assets at a fraction of the typical cost, offering a swift means to launch online marketplaces. The Oceanpoint platform adds a DeFi layer to its existing infrastructure, facilitating borderless access to real estate financing for anyone with internet access.

About Polytrade

Polytrade is a leading marketplace for Real-World Assets (RWAs). Supported by major industry players, Polytrade’s platform consolidates tokenized treasury bills, credit, stocks, real estate, commodities, collectibles, art, intellectual property, creator royalties, and luxury goods from various chains into a singular marketplace. Utilizing its own RWA-focused technology, Polytrade empowers its extensive user base to explore, trade, fractionalize, cross-chain bridge, and leverage RWAs more effectively.

For further details, inquiries can be directed to Julia Buchholz, CMO of Blocksquare.