Tokenization startup Brix completes $5.5 million financing, with participation from Circle Ventures and others

According to The Block, the startup Brix, which is dedicated to tokenizing assets in emerging markets, announced the completion of a $5.5 million financing round, with participation from the venture capital arm of Yapi Kredi, FRWRD, Is Asset Management, as well as 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.