ChainCatcher reports that Brix, a startup focused on tokenizing assets in emerging markets, has announced the completion of a $5.5 million funding round, with participation from Yapi Kredi’s venture arm, FRWRD, Is Asset Management, and crypto investment firms Circle Ventures, ConsenSys, and Borderless Capital. Brix plans to launch on the MegaETH network, aiming to bring trading strategies traditionally dominated by large financial institutions on-chain.
Tokenization startup Brix completes $5.5M funding round
ChaincatcherShare
Summary
Tokenization startup Brix has secured $5.5 million in project funding, led by Yapi Kredi’s FRWRD, Is Asset Management, and crypto-focused investors including Circle Ventures and ConsenSys. This funding marks a key milestone as Brix prepares to tokenize assets in emerging markets and launch on the MegaETH network. The company aims to bring on-chain investment opportunities to traditionally institution-only strategies, expanding access to on-chain assets for a broader audience.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.