Barcelona-based Brickken, a startup centered on the tokenisation of real-world belongings (RWA), has introduced the completion of its €2.4 million seed funding spherical to develop within the European, North American, and Asian markets.
This positions the corporate at a post-money valuation of €21.7 million and strengthens its foothold within the increasing RWA tokenisation market.
Backed by strategic traders from Europe, Asia, and the Americas, the spherical included notable names equivalent to Psalion, Ergodic Fund, SNZ Capital, Blue Bay Ventures, Mocha, and Hodl Ventures.
“Our continued success displays the rising demand for environment friendly, compliant, and user-friendly tokenization options,” stated Edwin Mata, CEO and Co-Founding father of Brickken . “The boldness proven by our traders and the sturdy efficiency of our platform place us to proceed main the transformation of asset administration by way of blockchain know-how.”
Co-founded in 2020 by Edwin Mata, Bram Duindam, and Dario Lo Buglio, Brickken goals to be an innovator within the blockchain sector, offering an all-in-one platform that simplifies and streamlines the tokenisation course of for companies globally.
Since launching its Token Suite in March 2023, Brickken has surpassed €241 Million in tokenised belongings throughout 14 international locations and achieved EBITDA-positive standing for 2024.
Brickken plans to leverage the capital injection to speed up its enlargement in Europe whereas setting its sights on North America and Asia. The corporate has already gained traction within the European market, securing its place within the European Blockchain Regulatory Sandbox for tokenised monetary devices alongside notable gamers like Coinbase.
“Indubitably, essentially the most spectacular attribute of Edwin and the Brickken workforce is their distinctive execution functionality — a important issue for any rising firm. The progress they’ve made in such a brief time frame is really exceptional, and the influence they’ve achieved speaks volumes about their expertise and imaginative and prescient,” stated Timothy Enneking, Managing Companion at Psalion
The funds can even assist the enhancement of Brickken’s SaaS platform. Upcoming developments embody superior enterprise-grade options equivalent to API integrations, AI-powered instruments, whitelabel choices, and person administration methods tailor-made for firms and institutional purchasers. These upgrades purpose to bridge the hole between Web2 companies and blockchain know-how, making adoption seamless and sensible.
Brickken’s strategic partnerships additional underscore its rising affect. The startup has been named an Official Tokenisation Supplier for BNB Chain, joined the Chainlink BUILD programme, and took part in Circle’s Alliance Programme. Moreover, Brickken was chosen for PwC’s Scale Tokenisation and Digital Property Programme, bolstering its repute as a key participant within the tokenisation ecosystem.
The worldwide tokenisation market, valued at €1.9 billion in 2021, is projected to develop at a compound annual price of 24.09% by way of 2030. Because the sector expands, Brickken’s momentum aligns with broader business developments, notably in actual property tokenisation, which is forecast to develop from €2.6 billion in 2023 to €15.9 billion by 2033.
Brickken argues that these projections replicate the rising adoption of tokenization options throughout numerous sectors.
