- Tokinvest raised USD 3.2M pre-seed to expand its regulated RWA marketplace, backed by Triliv Holdings, Exponential Science, and other investors.
- The Dubai-based startup secured VARA’s first multi-asset issuance licence, authorizing it to issue and distribute tokenised real-world assets globally.
- Tokinvest fully sold out its debut tokenised racehorse and plans upcoming launches in property, commodities, funds, and bonds.
Tokinvest
UAE’s Tokinvest raised USD 3.2 million in a pre-seed funding round. The round was led by VCs, family offices and investors including Triliv Holdings and Exponential Science.
Founded in 2024 by Scott Thiel and Matthew Blom, Tokinvest is a regulated marketplace for real-world assets (RWAs) tokenisation. Its platform seeks to simplify the investment process by creating virtual tokens representing rights to assets. It also provides comprehensive lifecycle services from ideation to trading to asset servicing.
Up next, with the newly acquired funding, it aims to fuel its platform growth. It also aims to support its regulatory expansion. Additionally, it seeks to onboard new asset classes, from property to funds to commodities and more.
Tokinvest CEO and co-founder Scott Thiel said, “We set out to make investing in real-world assets as simple as buying a stock. Securing one of the first full issuance licences from VARA, closing our pre-seed round, and selling out our debut tokenised asset demonstrate both the market demand and the trust placed in Tokinvest.
RWA Platform
At the same time of its raise, Tokinvest received a multi-asset issuance licence from Dubai’s Virtual Assets Regulatory Authority (VARA). With its license in hand, it is now authorized to issue and distribute tokenised RWAs under a comprehensive regulatory framework. It also announced the complete sale of its first tokenised racehorse in partnership with Evolution Stables
Building on this momentum, Tokinvest aims to soon launch tokenised property assets, opening access to retail investors. It will allow early adopters to register to gain “Golden Hour” access, early entry to the platform before public availability. It also aims to launch other assets such as commodities, funds and bonds awaiting regulatory approval.
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