- May 3, 2023
- Posted by: [email protected]
- Category:
The financial industry is undergoing significant changes due to digitalization, and tokenization are becoming increasingly important. This process involves the use of blockchain technology to digitize assets and create new opportunities for markets, assets, and potential investors. According to the Boston Consulting Group, the illiquid segment of the tokenization market is projected to reach $16 trillion by 2030, while the World Economic Forum predicts that up to 10% of global GDP will be managed on-chain by 2025. HSBC also estimates that up to 10% of all assets will be tokenized by 2030.
Brickken is a tokenization platform that aims to provide a comprehensive tokenization solution for businesses, entrepreneurs, and investors. The company’s flagship product, the Token Suite, uses Ethereum to convert real-world assets into blockchain-based digital assets, increasing efficiencies during IPOs. The Token Suite supports companies through the entire tokenization cycle, from creation to launch and management of digital assets, and offers tools for compliance, investor relations, corporate actions, and optimization. The Token Suite solution can also be a comprehensive resource for investors to manage assets and engage with invested companies, offering opportunities through tokenized company shares.
Cointelegraph Accelerator has partnered with Brickken to support the company with branding, marketing, education, networking, and investor relations solutions. As part of the alliance, Brickken will join Cointelegraph’s Accelerator Program, which was launched earlier this year.
Brickken has received a $350,000 grant from Neotec, a Spanish-based fund launched by the European Investment Fund (EIF), to sustain its growth and capitalize on the growing demand for tokenization. The company has over 30 active customers who have raised more than $2 million using the Token Suite solution. Brickken’s ecosystem is powered by the native token BKN, and the community round commenced within three months, during which the company distributed 25 million BKN at $0.08 per unit. Brickken’s first public round sold 6 million tokens, and the second round will be live until May 31.
Brickken is a promising tokenization platform that is well-positioned to capitalize on the growing demand for tokenization. With the support of the Cointelegraph Accelerator and other high-profile institutions, the company is likely to continue its growth trajectory in the years to come. Investors and companies alike can benefit from the Token Suite solution, which offers an easy-to-use interface for managing assets and engaging with invested companies.
