Blockchain Realty Report #1

Blockchain Realty Report

September 17, 2025

Week in review

A Brevitas blog post (Sept 12, 2025) emphasized that the next cycle of property ownership will be fractional and global, driven by accessibility, diversification, and liquidity. This view aligns with recent developments from Propy, Mavryk, and Blocksquare, which together highlight compliance advances, billion-dollar pilots, and sustained international traction. Adding scale to this narrative, Deloitte projects the tokenized real estate market could grow from $300B in 2024 to $4T by 2035, underscoring both the pace and inevitability of this transition toward a borderless asset class.

Sources: Brevitas Blog (Sept 12, 2025); Deloitte (2024 projection)

https://brevitas.com/blog/tokenized-real-estate-how-the-next-cycle-of-ownership-could-be-fractional-and-global

Featured Projects of the Week

Propy ($PRO) — Compliance and Adoption Push Propy spent the past week underscoring its $PRO token’s alignment with the EU’s MiCA framework, positioning it as a compliant utility token for global real estate transactions. A September 10 white paper framed MiCA as a gateway for banks and funds. On September 15, Kraken listed $PRO, expanding accessibility beyond Coinbase. CEO Natalia Karayaneva also highlighted All-In Summit endorsements (Sept 14) from figures like David Sacks and Tim Draper, framing tokenized housing as an inevitable step toward liquid, stock-like real estate.Sources: Propy X (Sept 10–15, 2025); All-In Summit recap (Sept 14, 2025)

Mavryk Network — $3B Dubai Pilot Underway Mavryk Network updated its X bio on September 17 to confirm a signed $10B+ RWA deal, including a $3B tokenization pilot of Dubai luxury real estate. Partners include MAG Lifestyle Development, MultiBank Group, and Fireblocks. The initiative emphasizes fractional ownership and compliant custody, supported by Mavryk’s track record of 134M+ on-chain transactions. Community posts (Sept 17) amplified the milestone, positioning Mavryk as an emerging player bridging luxury property and blockchain-based liquidity.Sources: Mavryk Network X bio (Sept 17, 2025); @Mahesh_E_th (Sept 17, 2025)

Blocksquare — $204.9M Tokenized Across 29 Countries Blocksquare marked a new ecosystem milestone: 169 properties tokenized across 29 countries, valued at $204.9M and supported by 17 marketplaces. A September 15 community post outlined these figures, with the project amplifying it the following day. A companion thread (Sept 16) detailed property token staking and DeFi yield mechanics within Oceanpoint, underscoring Blocksquare’s role as one of the more mature tokenization platforms with sustained growth across multiple jurisdictions.Sources: @CryptooMagnet (Sept 15, 2025); @blocksquare_io (Sept 16, 2025)

By The Numbers

Ranking projects by their current tokenized Assets Under Management (AUM), reflecting the actual value of properties already tokenized and managed on-chain, with Blocksquare leading at approximately $205M

Ranking tokenized real estate projects by their planned tokenization volume, showing the scale of future deals and MOUs, like Mavryk’s $10B Dubai pipeline, which are not yet fully live on the blockchain

Landlord’s Corner (personal insights)

All rentals are now full, even though last month we had to evict someone who was abusing drugs and failed to get along with neighbors. It was not an easy process, but this is a reminder that remaining a relatively passive investor from a distance can often be much more hassle free. You just need to make sure that you’re keeping an eye on the right projects. The foreign property investment is also profitable this month, even if it will be a while before a full ROI. Given last month’s unexpected expenses, just being in the green has been a relief.

This week’s updates remind us how quickly narratives around tokenized real estate are shifting from “concept” to “infrastructure.” Propy shows compliance can unlock legitimacy, Mavryk demonstrates the scale of institutional pilots in the UAE where crypto regulations are far ahead of the pack, and Blocksquare provides proof of sustained traction across dozens of markets. The Brevitas perspective ties it all together: ownership itself is becoming more global and divisible, and there’s up to a $4T dollar space up for grabs. The opportunity isn’t just new tech — it’s a redefinition of how we access and invest in property.

Let’s grow this space together

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