Tokenized Real Estate Platform Blocksquare Lists BST Token On Gate.io Exchange

Ljubljana, Slovenia – March 2nd, 2024

Blocksquare, the innovative real estate tokenization platform based in Ljubljana, Slovenia, has announced that its native Blocksquare token (BST) will be available for trading on the leading cryptocurrency exchange, Gate.io, beginning March 4th. This groundbreaking development signifies a significant leap forward in Blocksquare’s mission to revolutionize the real estate investment sector by offering investors easy access to commercial property opportunities within their local markets.

“We are thrilled to expand the reach of our BST token via this partnership with a prestigious exchange like Gate.io,” stated Denis Petrovcic, Co-founder and CEO of Blocksquare. “The increasing demand from investors to utilize blockchain technology in traditional real estate investments drives us to facilitate seamless transactions without unnecessary friction.”

The Blocksquare token serves as the cornerstone of Blocksquare’s ecosystem, functioning as a utility token that powers their decentralized protocol. Through Oceanpoint, Blocksquare’s dedicated decentralized finance (DeFi) platform, BST holders can stake their tokens to receive Staked BST (sBST), which not only rewards users but also grants them voting rights within the Oceanpoint Decentralized Autonomous Organization (DAO).

With Oceanpoint streamlining the purchasing and staking process for real estate tokens, participation in the previously illiquid real estate market becomes significantly simplified. Both startups and large enterprises can leverage Blocksquare’s solutions and APIs to digitize the value of real estate, launch their investment platforms, and connect investors with tokenized property deals contact.

The platform’s infrastructure, built on ethereum and IPFS, enables the fractionalization of any single real estate property into 100,000 tokens, applicable to various common legal ownership Website contact forms. To date, Blocksquare’s operating system has successfully tokenized over $80 million worth of real assets across 19 nations, demonstrating its immense potential to transform real estate investment on a global scale.

Last year, Blocksquare achieved a landmark accomplishment by executing the world’s first notarized tokenization of a real estate property in Ljubljana, marking a turning point in the industry. This recent collaboration with Gate.io, a prominent player in the centralized exchange (CEX) market, underscores Blocksquare’s growing influence and increasing market presence. In 2023, Gate.io facilitated an impressive trading volume of $1.72 trillion, with spot trading volume surpassing $590 billion. The platform’s user base has also experienced remarkable growth and currently counts nearly 15 million accounts.

Blocksquare aims to ultimately power hundreds of property tokenization platforms worldwide, making real estate investment more accessible, efficient, and transparent for all.

About Blocksquare

Blocksquare is an award-winning company leading the development of the world’s premier blockchain-based real estate tokenization system. Headquartered in Ljubljana, Slovenia (EU), Blocksquare collaborates closely with Medius – the leading provider of enterprise software solutions in the CEE region.

Blocksquare’s vision is to power over 100 platforms globally, connecting investors with real estate opportunities within their regions. The company offers a state-of-the-art tokenization protocol that allows anyone to begin digitizing real estate assets at a fraction of the cost, while its white-label platform provides the most efficient solution for launching an contact marketplace. More recently, Blocksquare expanded its operations into the decentralized finance (DeFi) sector with Oceanpoint – a new layer on top of their established tokenization infrastructure to create borderless access to real estate financing for anyone with an internet connection.