NVDA Q3 Earnings Alert: Why our AI stock picker is still holding Nvidia stockRead More

Blocksquare Partners with Polytrade to Enhance RWA Adoption

Published 10/01/2024, 07:30 AM
Updated 10/01/2024, 08:00 AM
Blocksquare Partners with Polytrade to Enhance RWA Adoption

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 Blocksquare’s real estate tokenization infrastructure with Polytrade’s marketplace, accelerating adoption of tokenized real estate and bringing enhanced liquidity, transparency, and accessibility to the sector.

This collaboration expands the visibility of Blocksquare’s tokenized real estate offerings, giving marketplace operators access to Polytrade’s 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 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 (NASDAQ:META) | 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 (NYSE:MA), 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.

ContactCMOJulia BuchholzBlocksquaremarketing@blocksquare.io

This article was originally published on Chainwire

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.