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

Summary

Barcelona-based RWA tokenization platform Brickken has secured $2.5 million in seed funding, achieving a post-money valuation exceeding $22.5 million. The funding will support European expansion and enhance asset management through blockchain technology. Brickken has tokenized over $250 million in assets across 14 countries since its launch in March 2023 and serves as the official tokenization provider for Binance’s BNB Chain. Industry experts predict the RWA sector could grow significantly, potentially reaching a market size of $4 trillion to $30 trillion by 2030, driven by institutional interest and regulatory clarity. The recent implementation of Europe’s MiCA regulation has minimal direct impact on Brickken, as its focus is on securities tokenization, which is governed by existing laws.