YEREVAN (CoinChapter.com) — Barcelona-based blockchain platform Brickken announced raising $2.5 million in a seed funding round, increasing its valuation to over $22.5 million. Key participants in the round included Psalion, Ergodic Fund, SNZ Capital, Blue Bay Ventures, Mocha, and Hodl Ventures.
The funding will support Brickken’s European expansion and enhance its tokenized assets platform, enabling further development of blockchain-based solutions. The platform specializes in real-world asset tokenization, transforming tangible and financial assets into blockchain-based formats for improved accessibility and trading opportunities.
Brickken Team. Source: BrickkenSince its launch in March 2023, Brickken has facilitated the tokenization of more than $250 million worth of assets across 14 countries, demonstrating high user demand for its services.
Advancing Blockchain-Based Solutions with AI
Brickken will use part of the funds to introduce enterprise-grade tools to its platform. These include API integrations, white-label services, and artificial intelligence agents designed to streamline asset management.
Co-founder and CEO Edwin Mata highlighted the platform’s plans to expand the range of tokenized financial products, stating:
“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.”
Brickken: Collaborations and Market Growth Potential
Brickken is the official tokenization partner for Binance’s BNB Chain, underlining its growing influence in the tokenized assets platform sector. Analysts predict that the real-world asset tokenization market could reach between $4 trillion and $30 trillion by 2030, according to a Tren Finance report.
RWA Market Predictions 2030. Source: Tren FinanceThis growth is expected to be driven by institutional interest in blockchain-based solutions for traditional assets. Enhanced liquidity and trading opportunities are key factors contributing to the increasing adoption of tokenized assets.
MiCA Regulation’s Limited Relevance to Brickken’s Focus
The announcement comes shortly after Europe’s Markets in Crypto-Assets Regulation (MiCA) came into full effect on Dec. 30, 2024. While MiCA governs utility tokens, stablecoins, and asset-referenced tokens, it does not significantly impact platforms focused on securities tokenization.
Brickken operates under existing national securities laws and corporate financial regulations, which already provide a legal framework for tokenized securities. Mata explained that MiCA has limited relevance to Brickken’s operations, as its platform specializes in corporate financial instruments.
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