Inside the Biggest Real Estate Tokenization Deals of 2025

Something big is changing in real estate and finance. The idea of turning property into digital tokens — once discussed only in tech circles — is now real. And it’s not small. Projects worth billions of dollars are already happening, supported by top investors and government regulators. If you were unsure before, it’s time to take notice.
In just a few months, three major deals have shown that real estate on the blockchain is not the future — it’s already here.
Turning $1 Billion in U.S. Property into Digital Tokens
In April 2025, Blocksquare and Vera Capital agreed to tokenize $1 billion of U.S. commercial real estate.
Blocksquare entered into agreement with Vera Capital to tokenize $1 billion worth of real estate assets across the United States
— Blocksquare (@blocksquare_io) April 17, 2025
We’re proud to share that our $1B partnership with https://t.co/v9OSeClLZj is now live on @Investingcom
Together, we’re bridging U.S. real estate… pic.twitter.com/gLC862yXlg
Source: @blocksquare_io / X
This includes office buildings, warehouses, and mixed-use spaces across seven states. Each property is being converted into tokens, so anyone in the world can invest in a small piece of real estate.
Vera Capital provides the properties. Blocksquare provides the technology — a secure system that follows legal rules. Together, they are building a marketplace where people can buy and sell real estate shares, just like they trade stocks.
This isn’t just theory. Properties in Florida are already available. Features like fractional ownership and the ability to trade shares are already working.
MANTRA and DAMAC Tokenize $1 Billion in Real Estate
In January 2025, MANTRA and DAMAC Group signed a $1 billion agreement to tokenize parts of DAMAC’s real estate business.
🕉️🚨𝗕𝗥𝗘𝗔𝗞𝗜𝗡𝗚: MANTRA and DAMAC Group @DAMACOfficial Revolutionize Tokenized Real-World Assets with US$1 Billion Deal.#MANTRA and #DAMAC Group will collaborate to enable token-based financing for a diverse range of assets, spanning real estate, hospitality, data centers,… pic.twitter.com/AblEjLgoWH
— MANTRA | Tokenizing RWAs (@MANTRA_Chain) January 9, 2025
Source: @MANTRA_Chain / X
DAMAC is one of the top developers in the Middle East. Now, they’re turning homes, hotels, and data centers into digital tokens.
These tokens are being created using MANTRA’s blockchain. Far from being a mere tech experiment, the initiative is embedded in the UAE’s official digital asset strategy, with backing from VARA, the nation’s regulatory authority.
For investors, this could offer more than profits. It may also help them qualify for the UAE’s Golden Visa. This deal shows how tokenized property is becoming part of national policy.
Bringing Luxury Real Estate to the Blockchain
In early 2025, Aurum Equity Partners partnered with Zoniqx to launch a $1 billion tokenized fund, combining equity and debt instruments into a single blockchain-based investment vehicle. The fund is focused on high-value real estate and infrastructure, including ESG-compliant data centers across the U.S., UAE, Saudi Arabia, India, and Europe. Each asset is converted into digital tokens, enabling global investors to buy fractional shares.
@zoniqxinc and Aurum Equity Partners joined forces at #DigitalAssetsWeek to share insights about their collaboration on the world’s first tokenized $1B equity and debt fund as part of their #CatalystProject! 🌐 This groundbreaking initiative is set to redefine the future of… pic.twitter.com/HAifivv2iK
— Zoniqx (@zoniqxinc) October 7, 2024
Source: @zoniqxinc / X
The technology backbone is powered by Zoniqx’s TALM platform and operates on the XRP Ledger, offering secure, scalable, and regulated trading options. With full compliance built in — including KYC and AML protocols — this initiative represents a major step in opening up access to traditionally exclusive property markets. What began as an experiment in tokenized real estate has become a regulated, functioning market open to more investors than ever before.
Why It All Matters
These three projects total more than $3 billion. They span three continents, each with its own rules — but they all show the same trend: real estate is going digital.
Governments and big investors are backing these deals. Platforms are no longer testing ideas — they are working with real buildings and serious money.
Regulatory bodies like VARA in Dubai are helping lay the legal foundation. Compliance, security, and investor protection are embedded into the systems from the outset, not treated as afterthoughts.
If your company owns property or handles investments and hasn’t started thinking about tokenization, now is the time. Early movers are already building the future. Waiting too long could mean missing out.
Tokenized real estate has moved beyond the trend phase — it’s active, expanding and already valued in the billions.