Huo Xing Cai Jing reports that IKADO recently announced the completion of a $5 million funding round led by 1A1Z Capital, with participation from AC Capital, Mason Labs, and other institutions. The funds will be used to build platform infrastructure, enhance custody systems, expand into global markets, and invest in the procurement, storage, and authentication of physical trading cards. IKADO specializes in combining RWA (Real-World Assets) with NFTs by creating a 1:1 on-chain digital representation of physical collectible trading cards, thereby linking NFTs with their corresponding physical assets and enabling on-chain trading alongside physical redemption. The associated NFTs are issued by IKADO in collaboration with Japan’s leading secondary trading card dealers, and all corresponding physical cards are centrally custodied by the platform to enhance asset transparency and trustworthiness.
IKADO Completes $5M Funding to Expand RWA NFT Infrastructure
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IKADO Completes $5M Funding to Expand RWA NFT Infrastructure
IKADO recently announced it has secured $5 million in funding led by 1A1Z Capital, with participation from AC Capital and Mason Labs. The funds will be used for infrastructure development, custody system upgrades, global expansion, and the procurement, storage, and authentication of physical trading cards. The project focuses on real-world assets (RWA) by creating 1:1 digital mappings of physical collectible trading cards, enabling on-chain ownership and physical redemption. NFTs are issued in collaboration with a leading Japanese trading card dealer, with all physical cards held in custody by the platform to enhance asset transparency and credibility.
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