Brickken has launched its token issuance dApp, enabling companies to usher into crypto economy and use Web3 to raise funds.
The continuing bear markets are causing venture capital funds to tighten their purse. As a result, ambitious projects have been left in limbo with funding and current asset management. Cutting through the noise and grabbing the attention of VCs is becoming harder than ever.
Asset tokenization, a new market which projected to reach $16.1 trillion by 2030, offers a brand new avenue through which companies can raise funds from unconventional investors across the globe.
Brickken, the company offering a new path in business management and fundraising with tokenized equity, launches its token issuance and management platform. The company’s decentralized app (dApp) onboards companies to the token economy and enables them to use Web3 for:
- funding and tokenization by attracting new investor personas
- management and decision-making by automating the execution of corporate actions
- improvement in the investment life cycle by optimizing internal treasuries.
Brickken enables companies to put their shares on-chain by digitizing and tokenizing their equity. Investors can purchase security tokens of established businesses, real-estate developments, and even early-stage startups.
Tokenizers must integrate a KYC/AML process for investors to comply with relevant regulation.
“Brickken’s dApp provides companies with a KYC/AML-management system enabling tokenizers to verify investors anywhere in the world with ease,” Brickken said in a statement shared with AlexaBlockchain.
Brickken has already launched over 10 projects, and another 100 plus are currently in the pipeline.
Edwin Mata, Brickken CEO and Co-Founder, said:
“Our protocol facilitates the transition from Web2 to Web3 and can even provide managing tools for DAOs to operate more efficiently.”
“We foresee a future in which new economic agents converge on the blockchain, with Brickken paving the way. We will thrive as a protocol because we provide our users with a wide range of functionalities for them to issue tokens across standards, in a multi-chain environment to fit any company needs,” Edwin added.
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