Blocksquare

Blocksquare, founded in 2018, is a Slovenian company developing infrastructure for real estate tokenization. The firm provides a blockchain-based system that allows businesses to convert real estate assets into digital tokens, facilitating fractional ownership and aiming to increase liquidity in a traditionally illiquid market. The founding team includes Denis Petrovcic (CEO), Viktor Brajak (CTO), and Peter Merc (General Counsel). Petrovcic, with a background in architecture, ventured into blockchain after discovering Ethereum in 2016 and co-founded the company to make property investment more accessible and transparent. Brajak brings extensive technical expertise as the COO of an enterprise AI software firm, Medius, and is also a co-founder of the venture capital firm Suricate Ventures. Merc is a startup and fintech lawyer, and also a managing partner at Suricate Ventures.

The company's core business revolves around offering a suite of software-as-a-service (SaaS) solutions and APIs that empower businesses, from startups to large enterprises, to digitize real estate properties, launch their own investment marketplaces, and connect investors with tokenized deals. Their protocol, built on Ethereum, enables a single property to be converted into 100,000 digital tokens (BSPTs), which represent economic rights to the property's revenues, such as rental income. This model allows multiple investors to globally access investments of various sizes. Blocksquare's white-label platform offers a quick-to-launch solution for entrepreneurs to create branded investment portals without needing to code. Revenue is generated from transaction fees, deducted from each property token transaction on the network, and through its SaaS offerings.

A key component of the ecosystem is Oceanpoint, a DeFi protocol that acts as a liquidity bridge for tokenized real estate assets. It allows property owners to access decentralized finance and enables investors to stake property tokens to earn rewards. The ecosystem is powered by the Blocksquare Token (BST), a utility token used for staking, governance participation in Oceanpoint, and for clients to receive discounts on platform services. By establishing a legally compliant framework, including a notarized structure in Luxembourg that aligns with EU regulations and integrates with land registries, Blocksquare provides a secure environment for tokenizing real estate. This approach aims to standardize the market and has facilitated the tokenization of over $200 million in real estate assets across more than 28 countries.

Keywords: real estate tokenization, blockchain infrastructure, fractional ownership, RWA, real world assets, DeFi for real estate, property investment platform, asset digitization, white-label marketplace, decentralized finance, Oceanpoint, Blocksquare Token, BST, PropToken, BSPT, digital shares, investment portals, property technology, fintech, Ljubljana, Denis Petrovcic, Viktor Brajak, Peter Merc, tokenized securities, EU MiCAR compliance, land registry integration