Tokinvest's Groundbreaking Approach to Real-World Asset Tokenization Secures $500K in Pre-Seed Funding

July 18, 2024, 3:36 pm
Tokinvest
Total raised: $500K
In a bold move towards revolutionizing the real-world asset tokenization landscape, Tokinvest, a Dubai-based marketplace, has successfully raised $500K in Pre-Seed funding. This significant investment will be utilized to bolster the platform's technological infrastructure, expand the team, and accelerate market penetration on a global scale.

Under the visionary leadership of CEO Scott Thiel, Tokinvest serves as a pivotal bridge connecting real-world asset issuers with investors worldwide. Through the creation of virtual tokens that represent rights to assets, the platform offers a comprehensive suite of services spanning from ideation to trading to asset servicing. Leveraging the favorable regulatory environment in the region, Tokinvest ensures that all investors have access to coveted assets, setting a new standard in the industry.

The backing of influential investors, including the likes of Michael Ourabah, underscores the confidence in Tokinvest's vision and potential for growth. Michael Ourabah, CEO at BSO and a strategic investor in Tokinvest, expressed his belief in the platform's ability to set industry benchmarks and cater to the evolving demands of investors. The strategic investors' support in the pre-seed funding round signifies a strong endorsement of Tokinvest's scalable and regulated platform.

Scott Thiel, in expressing gratitude for the early investors' trust and support, emphasized that the funding will drive the company's technological and operational development, solidifying its position as a leader in the real-world asset tokenization space. With a keen focus on launching the marketplace later this year, Tokinvest is poised for significant growth and impact in the market.

Following the successful funding round, Tokinvest has announced the commencement of its second fundraising round, aimed at further expanding operations, enhancing global reach, and fostering continued innovation in the real-world asset tokenization market. The company's commitment to growth and innovation is further underscored by its recent preliminary license approval from the Virtual Assets Regulatory Authority (VARA) of the Government of Dubai, paving the way for future regulatory compliance and operational approval.

As Tokinvest continues to make strides in reshaping the real-world asset tokenization landscape, investors and industry stakeholders are eagerly anticipating the company's upcoming developments and market impact. Stay tuned for more updates on Tokinvest's journey towards redefining the investment landscape and unlocking new opportunities for investors globally.