Tokenization startup Brix has secured $5.5 million in project funding, led by Yapi Kredi’s FRWRD, Is Asset Management, and crypto-focused investors including Circle Ventures and ConsenSys. This funding marks a key milestone as Brix prepares to tokenize assets in emerging markets and launch on the MegaETH network. The company aims to bring on-chain investment opportunities to traditionally institution-only strategies, expanding access to on-chain assets for a broader audience.

ChainCatcher reports that Brix, a startup focused on tokenizing assets in emerging markets, has announced the completion of a $5.5 million funding round, with participation from Yapi Kredi’s venture arm, FRWRD, Is Asset Management, and crypto investment firms Circle Ventures, ConsenSys, and Borderless Capital. Brix plans to launch on the MegaETH network, aiming to bring trading strategies traditionally dominated by large financial institutions on-chain.