Brickken secures $2.5M to expand tokenized assets platform in Europe
Barcelona-based real-world asset (RWA) tokenization platform Brickken has successfully closed a $2.5 million seed funding round, boosting its post-money valuation to over $22.5 million. With this funding, Brickken aims to accelerate its European expansion and enhance blockchain asset management. Within its first two years, Brickken has tokenized over $250 million in assets across 14 countries. The seed round involved investments from several firms, including Psalion and Blue Bay Ventures. CEO Edwin Mata anticipates a surge in tokenized financial products like bonds and equities as regulatory clarity improves. The funds will also support new features like API integrations and enterprise-grade solutions. Following the recent implementation of Europe's MiCA framework, which affects crypto-asset services, Mata highlighted that Brickken's focus on securities tokenization remains largely insulated from MiCA’s regulations. Industry analysts predict substantial growth for the RWA sector, which could reach between $4 trillion and $30 trillion by 2030, driven by increasing institutional interest and technological advancements in asset liquidity and trading opportunities.
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