– Tokinvest secures $500,000 in pre-seed funding from strategic investors to advance its real-world asset tokenisation platform.
– The platform connects global investors with real-world asset issuers through virtual tokens, streamlining investment processes from creation to trading and asset servicing.
– The funding will fuel technological enhancements, team expansion, and market penetration efforts as Tokinvest prepares to launch its marketplace and scales operations globally.
Tokinvest, an innovative platform facilitating the tokenisation of real-world assets, has successfully raised $500,000 in pre-seed funding from multiple strategic investors.
The platform bridges real-world asset issuers with global investors, offering simplified investment processes through virtual tokens that represent asset rights. Tokinvest manages the entire lifecycle from asset ideation to trading and servicing.
Michael Ourabah, CEO of BSO and a strategic investor in Tokinvest, expressed confidence in Tokinvest’s vision and its rigorous approach to legal compliance.
The funding round attracted significant interest from investors, affirming Tokinvest’s potential in the scalable and regulated asset tokenisation market. The capital raised will support technological enhancements, team expansion, and market expansion efforts.
Scott Thiel, CEO of Tokinvest, highlighted the pivotal role of early investors in supporting their growth trajectory.
He emphasized the funding’s importance in advancing their operational capabilities and reinforcing their leadership in asset tokenisation. Tokinvest plans to launch its marketplace later this year and has initiated its next funding round to further scale operations and global presence.
This milestone follows Tokinvest’s recent progress in securing initial approval for licensing from the Government of Dubai Virtual Assets Regulatory Authority (VARA). The platform continues to work towards fulfilling pre-operating conditions and achieving operational approval for its services.
If you see something out of place or would like to contribute to this story, check out our Ethics and Policy section.