Tokinvest Raises $500,000 in Pre-Seed Funding to Revolutionize Real-World Asset Tokenization

Tokinvest, a trailblazing marketplace for real-world asset tokenization, has secured $500,000 in pre-seed funding from several strategic investors. The platform, designed to connect asset issuers with global investors, simplifies the investment process by creating virtual tokens that represent rights to real-world assets and offering comprehensive lifecycle services from ideation to trading and asset servicing.

"We believe in Tokinvest's vision of setting standards in the real-world tokenization industry," said Michael Ourabah, CEO at BSO and one of Tokinvest's strategic investors. "Their approach not only meets the highest legal and compliance standards but also aligns with current demand by providing accessibility to desirable assets for all investors. We are thrilled to be part of this exciting growth period for the company."

The pre-seed funding round saw strong interest from strategic investors who recognized the potential of Tokinvest's scalable and regulated platform. The funds will enhance the platform's technological infrastructure, expand the team, and accelerate market penetration.

Scott Thiel, CEO of Tokinvest, expressed gratitude for the support from early investors. "This funding fuels our technological and operational development and solidifies our strategy to lead in the real-world asset tokenization space. We are excited about the opportunities ahead and are keenly focused on launching our marketplace later this year."

Following this initial success, Tokinvest has opened its next funding round to attract further investment, scale operations, expand globally, and continue innovating within the real-world asset tokenization market.

This news comes on the heels of Tokinvest securing initial approval for licensing from the Government of Dubai Virtual Assets Regulatory Authority (VARA), with full operational approval pending.