Casper and Stobox Partner to Bring the $144B U.S. Parking Market On-Chain
Casper and Stobox Partner to Bring the $144B U.S. Parking Market On-Chain.
Stobox is pleased to announce a collaboration with Casper Network, an enterprise-focused L1 blockchain designed for scale, stability, and institutional adoption. This partnership represents an important step in expanding the global Stobox ecosystem and accelerating enterprise adoption of blockchain-based financial infrastructure.
Bringing the 144 Billion Dollar U.S. Parking Market On-Chain
A major focus of this collaboration is the joint intention to bring the 144 billion dollar U.S. parking market on-chain. This is the first initiative in an ongoing partnership that aligns Casper’s enterprise-ready blockchain with Stobox’s regulated tokenization expertise, forming a foundation for multiple future RWA initiatives across several sectors.
Parking assets are uniquely well-positioned for tokenization. Their predictable usage patterns, transparent revenue flows, and strong demand dynamics make them ideal candidates for demonstrating how stable, real-world passive income can be delivered at scale through blockchain technology.
By exploring a model that fractionalizes parking properties and directs revenue to token holders, the collaboration introduces an investment structure far more comprehensive than simple tokenization of individual parking lots. It represents a full-market approach that supports operators, investors, and consumers while also enabling parking asset owners to access alternative forms of growth and expansion capital.
This direction reflects Casper’s broader momentum toward long-term, economically grounded tokenization models. With Stobox providing the regulatory, structural, and technical foundation, partners gain a compliant and standards-aligned pathway for bringing such offerings to market.
Shared Vision and Industry Standards
Both Stobox and Casper continue to contribute to the global development of standards for real-world assets. The organizations are members of the ERC-7943 working group, collaborating with industry leaders to create unified frameworks for RWA adoption, interoperability, and seamless market integration.
By aligning infrastructure, compliance, governance, and economic design, the partnership sets the stage for large-scale, institutional-grade tokenization of real-world assets.
“The next trillion-dollar wave in crypto will come from real-world assets. Stobox and Casper are laying the rails for that transformation, turning institutional interest into institutional deployment.” - Ross Shemeliak, Co-Founder & COO of Stobox
“Tokenization of parking assets, with their predictable yield and long-term sustainability, is the next logical step in bringing the parking industry on-chain," - Michael Steuer, President and CTO of the Casper Association.
A Strong Alignment Between Enterprise-Grade Blockchain and Regulated Tokenization
Casper Network, governed by the nonprofit Casper Association, is recognized for its innovative approach to blockchain design. With features such as upgradeable smart contracts, predictable gas fees, and a developer-friendly environment, Casper has become a preferred ecosystem for governments, institutions, and large enterprises exploring blockchain transformation.
Stobox, a licensed and regulated tokenization company with seven years of operational experience, provides a comprehensive ecosystem for issuing, managing, and scaling tokenized assets. With more than 100 clients across finance, real estate, energy, and mining and over 500 million dollars in tokenized assets, Stobox is one of the most established players in the real-world asset sector.
The collaboration between Stobox and Casper centers around exploring how Stobox infrastructure and methodologies may operate within, or connect to, the Casper blockchain ecosystem. This includes potential technical alignment, knowledge exchange, partner network collaboration, and the development of joint tokenization use cases.
About Casper Network
Casper Network is an open-source, proof-of-stake blockchain optimized for enterprise and government use cases. The Casper Association oversees the network’s governance, ensuring stability, scalability, and ongoing innovation. Casper focuses on supporting real-world applications across financial infrastructure, supply chains, digital identity, and institutional asset tokenization. Learn more: casper.network
About Stobox
Stobox is a licensed and regulated tokenization provider offering a full ecosystem for issuing, storing, managing, and trading real-world asset tokens. The Stobox ecosystem includes:
- Stobox 4, an enterprise-grade platform for RWA issuance and lifecycle management
- Stobox DID, a decentralized identity and compliance framework
- STV3 Protocol for RWA token standards
- Stobox Tokenization Onboarding Framework, a complete methodology for compliant tokenization
Stobox has already tokenized more than $500m in assets for over 100 clients worldwide across multiple regulated jurisdictions.
