😍 GOOD NEWS about $ETH 🎉
#Ethereum✅ -based platform #BlockSquare has partnered with Florida’s Vera Capital to launch a marketplace offering fractional ownership in U.S. commercial real estate worth over $1 billion💵. The platform will allow global investors to buy tokenized shares of properties across seven states, with initial offerings including a Fort Lauderdale office building and a Dania Beach retail plaza—part of Vera Group’s current portfolio.
Vera Capital, a branch of Vera Group, has invested over $100 million in South Florida through property acquisitions and development. CEO Nick Polyushkin said the $1 billion goal involves both tokenizing existing assets and raising funds for new projects, including two residential complexes valued between $70 million and $100 million.
While the concept is gaining momentum, legal clarity for tokenized real estate in the U.S. remains a challenge. #BlockSquare has already tokenized 150 properties in 28 countries, valued at over $145 million. In early 2025, it introduced an EU-compliant framework for tokenizing real estate rights. CEO Denis Petrovic noted the company is exploring whether this model can be adapted for the U.S. market or if a direct token launch without their #luxembourg entity could work, making it easier for partners like Vera Group.