Brickken Raises $2.5 Million in Seed Funding for RWA Tokenization Expansion
Brickken, a blockchain company focused on tokenizing real-world assets (RWAs), has successfully closed its seed funding round, raising $2.5 million from institutional investors. This brings its post-money valuation to over $22.5 million.
Funding Allocation
- Development of innovative solutions for the RWA economy
- Launch of new APIs and features on its SaaS platform for corporate clients
- Creation of asset management tools and AI-driven enhancements
- Introduction of customizable white-label solutions for institutional clients
- Global expansion into Asian and US markets
Strategic Partnerships
- Collaboration with financial regulators for compliance
- Official network provider for RWAs on the BNB Chain
- Participation in Chainlink BUILD program, European Blockchain Sandbox, Circle’s Alliance Program, and PwC’s Scale Tokenization Program
Investor Confidence
The funding round included venture capital firms like Psalion, Ergodic Fund, SNZ Capital, Blue Bay Ventures, Mocha, and Hodl Ventures, reflecting strong investor confidence in Brickken's vision.
Achievements and Future Plans
- Tokenized over $250 million worth of RWAs across 14 countries
- Achieved EBITDA-positive status in 2024
- Plans to list its native token on major exchanges
- Collaboration with regulators for best practices in asset tokenization
- Support for large-scale tokenization initiatives