Kima Network announces a partnership with Blocksquare to enhance tokenized real estate, enabling fiat payments, stablecoin support, and atomic swaps.
Kima Network has partnered with Blocksquare, a leading provider of Web3 tokenization infrastructure for real estate and real-world assets (RWA). This announcement was made via Kima Network’s official X account, highlighting the significance of this new partnership.
The first phase of the collaboration will involve joint marketing to promote the shared values of transparency, accessibility, and innovation in real estate tokenization. The two companies are dedicated to increasing the adoption of tokenized assets and making them available to a global audience.
Blocksquare will explore the possibility of integrating Kima’s infrastructure in the coming months. Such integration could lead to several improvements for Blocksquare’s platform, including supporting multi-chain stablecoin acceptance. Using Kima’s technology, Blocksquare could receive stablecoins from large blockchain ecosystems such as EVM (Ethereum Virtual Machine), non-EVM, and Bitcoin-based networks. This would improve liquidity as it would facilitate seamless transactions between multiple chains.
Blocksquare to Accept Fiat Payments
The partnership also paves the way for fiat payment integration. Using Kima’s advanced payment solutions, Blocksquare can accept fiat payments from traditional finance systems. This feature would fill the gap between Web2 and Web3. Consequently, it will make tokenized real estate more accessible for mainstream investors.
One of the most promising aspects of the collaboration is the possibility of atomic swaps for real-world asset (RWA) sales. If Kima’s infrastructure can offer secure nuclear swaps, the transaction efficiency of Blocksquare’s platform will improve. This will enable faster and frictionless market exchange of tokenized real estate assets.
Both companies believe it will close the gap between DeFi and traditional real estate. Through tokenization, the collaboration seeks to offer new investment opportunities to global investors and make real estate tokenization more pragmatic and practical. It is expected to help set the stage for more innovation in the real estate and blockchain sectors as it grows. In addition, it will help to accelerate the adoption of tokenized assets.
Through this strategic partnership, Kima Network and Blocksquare are taking important steps toward reshaping the future of tokenized real estate. This partnership will unlock new potential for investors worldwide.
