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Blocksquare Partners for First Tokenization of a Tequila Distillery

Blocksquare’s latest Marketplace Pool (NASDAQ:POOL) for RWA investment is now live, marking the platform’s third DAO funding pool after the swift sellout of its previous Oceanpoint launchpad campaigns in under 36 hours. Rancho Altos, a project merging tequila distillery operations with real estate development, allows $BST (Blocksquare token) holders to invest in the world’s first tokenization of a tequila distillery, democratizing investment into an industry that was inaccessible to retail investors.

Rancho Altos is located in Jalisco, Mexico, combining the traditional craft of tequila production in its native region with a comprehensive real estate plan that blends cultural heritage with sustainable real estate development. The project features a distillery, along with luxury villas, a wellness center, a farm-to-table restaurant, and eco-tourism facilities on an 82-hectare estate.

Jalisco is renowned for its ideal conditions for growing blue agave, which is essential for producing high-quality tequila.Currently the tequila market represents an $11.7 billion industry, expected to reach $18.6 billion by 2032 with only 135 approved distilleries in all of Mexico. Rancho Altos and Blocksquare are opening the market to investment in tequila to retail investors that wouldn’t otherwise have the opportunity.

For more details about the pool, read here or access the marketplace pool here.

About Blocksquare

Blocksquare offers SaaS solutions for blockchain-based real estate tokenization. Headquartered in Ljubljana, Slovenia, Blocksquare’s platform aims to power a global network of marketplaces, connecting investors to real estate opportunities in their region. Through its real estate tokenization protocol, anyone can digitize real estate assets at a fraction of the cost, while providing the quickest way to launch an online marketplace. Blocksquare’s Oceanpoint adds a layer to their established tokenization infrastructure to create borderless access to real estate financing, for anyone with an internet connection.

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ContactCMOJulia BuchholzBlocksquaremarketing@blocksquare.io

This article was originally published on Chainwire


Source: Cryptocurrency - investing.com

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