Blocksquare has announced the incorporation of Blocksquare SARL in Luxembourg, marking the first platform to integrate with land registries for legally compliant real estate asset tokenization under EU regulations.
Implementation of Real Estate Tokenization
Blocksquare SARL will serve as the operational hub for the Notarized Real Estate Tokenization Framework, enabling property owners to tokenize economic rights tied to real estate assets while maintaining ownership. Leveraging Luxembourg's regulatory environment, this framework aligns blockchain technology with traditional land registries, granting investors protected rights through Blocksquare Property Tokens (BSPTs).
Blocksquare SARL Tokenization Structure
The Tokenization Framework of Blocksquare SARL involves several steps. For each tokenization, a new set of BSPT tokens is generated and acquired by the property owner through a structured borrowing process. The procedure is notarized and involves a binding resolution to transfer economic rights, derived from revenues like lease income or property resale, to BSPT holders, enhancing liquidity in the real estate sector.
Future Development of Blocksquare SARL
Luxembourg, being a leading European financial hub, provides a regulatory backdrop for Blocksquare SARL to offer institutional-grade investor access. Blocksquare plans to launch pilot projects in Belgium and Austria, with further expansion into Germany, Poland, and France, aiming to attract institutional investors and large-scale enterprises.
Blocksquare SARL in Luxembourg presents new opportunities for real estate tokenization, offering legal protection and global capital access, marking a new chapter in real estate investment.
