Today, Tokinvest, a trailblazing marketplace for the tokenization of real-world assets, announced that it has secured $500,000 in pre-seed funding from multiple influential investors.
Real-world asset issuers and investors can transact globally through Tokinvest, an innovative marketplace. By generating virtual tokens that stand in for asset rights and offering full lifecycle services, including ideation, trading, and asset servicing, the cutting-edge platform streamlines the investment process.
“We believe in Tokinvest’s vision of setting standards in the real-world tokenisation industry. Their approach not only meets the highest legal and compliance levels but also aligns with current demand by providing accessibility to the most desirable assets for all investors. We are thrilled to be part of this exciting growth period for the company,” said Michael Ourabah, CEO at BSO and one of Tokinvest’s strategic investors.
Strategic investors who saw the potential of Tokinvest’s scalable, regulated platform expressed great interest in the pre-seed funding round. The money will go toward building out the team, expanding the platform’s technological infrastructure, and quickening its entry into new markets.
Scott Thiel, CEO of Tokinvest, adds, “We are immensely grateful for the trust and support from our early investors. This funding fuels our technological and operational development and solidifies our strategy to lead in the real-world asset tokenisation space. We are excited about the opportunities that lie ahead and are keenly focused on launching our marketplace later this year.”
Building on the success of its first fundraising round, Tokinvest has now announced the opening of its second funding round. In order to grow operations, broaden its global reach, and keep innovating in the real-world asset tokenization market, this upcoming round seeks to attract additional investment.
This information comes after Tokinvest announced that it had received preliminary license approval from the Virtual Assets Regulatory Authority (VARA) of the Government of Dubai. The fulfillment of pre-operating requirements and receiving operational approval continue to be prerequisites for licensing.
