KEY TAKEAWAYS
- Casper Association and Stobox partner to tokenize the $144 billion U.S. parking market, leveraging blockchain for real-world asset initiatives.
- The collaboration focuses on fractionalizing parking properties, offering predictable yields and sustainable income for token holders.
- Both organizations aim to standardize on-chain real-world assets through the ERC-7943 working group.
Zug, Switzerland — December 16, 2025 — The Casper Association and Stobox have announced a collaboration to bring the $144 billion U.S. parking market on-chain. This initiative combines Casper’s blockchain infrastructure with Stobox’s tokenization expertise to support real-world asset (RWA) initiatives across various sectors.
Michael Steuer, President and CTO of the Casper Association, stated that the tokenization of parking assets is a logical step due to their predictable yield and sustainability. He highlighted Stobox’s platform for compliant RWA issuance and Casper’s features tailored for real-world use cases as key factors in this collaboration.
Ross Shemeliak, Co-Founder & COO of Stobox, emphasized that real-world assets represent the next significant wave in crypto. He noted that the partnership aims to transform institutional interest into deployment, focusing on fractionalizing parking properties and distributing income to token holders. This approach provides growth and expansion capital for parking asset owners.
Tokenization of Parking Assets
The collaboration will focus on tokenizing parking assets, which offer stable usage patterns and transparent revenue flows. This initiative aims to demonstrate how blockchain-based tokenization can deliver passive income at scale. The direction aligns with Casper’s momentum toward economically grounded tokenization models, while Stobox provides a regulated foundation for market offerings.
Both organizations are members of the ERC-7943 working group, collaborating with industry participants to standardize and accelerate the adoption of on-chain RWAs. The announcement was made here.
Why This Matters: Impact, Industry Trends & Expert Insights
The collaboration between Casper and Stobox to tokenize the $144 billion U.S. parking market aims to leverage blockchain technology for real-world asset (RWA) initiatives, focusing on fractional ownership and income distribution to token holders.
According to a Brickken report, institutional adoption of blockchain-based real-world asset tokenization is accelerating, with projections for the market reaching $500 billion to $3 trillion. This aligns with the Casper-Stobox initiative, which seeks to transform institutional interest into deployment by tokenizing parking assets.
A Zoniqx report highlights that the market for RWA tokenization is expected to shift from pilot projects to production-scale deployments, driven by institutional adoption and regulatory clarity. This supports the significance of the Casper and Stobox collaboration, as it demonstrates a move towards practical, large-scale implementation of tokenized assets.
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