Brickken secures $2.5M to expand tokenized assets platform in Europe

2025-01-16 15:42:35 Primitive Reading

From cointelegraph by Zoltan Vardai

Barcelona-based real-world asset (RWA) tokenization platform Brickken closed a $2.5 million seed funding round, bringing its post-money valuation to more than $22.5 million.

Real-world asset tokenization refers to financial and other tangible assets minted on a blockchain ledger, increasing investor accessibility and trading opportunities of the assets.

Brickken announced the successful funding on Jan. 15, marking a significant milestone for the Europe-based blockchain platform.

The seed round saw participation from companies including Psalion, Ergodic Fund, SNZ Capital, Blue Bay Ventures, Mocha and Hodl Ventures, according to an announcement shared with Cointelegraph.

The RWA platform will use the newly raised capital to fund its European expansion and to advance “the transformation of asset management through blockchain,” according to Edwin Mata, co-founder and CEO of Brickken.

The CEO told Cointelegraph that he expects to see increasingly more tokenized products:

“We expect to see more financial instruments, such as bonds, equities, and commodities, being embedded onchain. At the same time, regulatory clarity is improving globally, which will provide the framework needed for the sector to scale responsibly.”

Part of the funds will be deployed to introduce more enterprise-grade solutions for the platform, such as new API integrations, white-label options and the introduction of artificial intelligence agents.

Brickken Team, front, left to right: Elisenda Fabrega, general counsel; Ludovico Rossi, CRO; Lucero Chargoy, head of finance; Edwin Mata, co-founder and CEO. Source: Brickken

The European RWA platform has seen significant user demand after tokenizing over $250 million worth of assets across 14 countries in less than two years since its launch in March 2023.

Brickken is also the official tokenization solution provider of Binance’s BNB Chain.

Related: Top crypto investments in 2025: Bitcoin, AI projects, tokenized assets

Financial institutions will drive the RWA sector’s trillion-dollar growth

Industry watchers are optimistic about the growth potential of RWA tokenization, thanks to the technology’s ability to create more liquidity and trading opportunities for traditional assets.

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