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CoinGape 2025-02-06 17:47:33

Fraktion receives €1.1mn funding, to accelerate tokenization of Real World Assets

Fraktion, a 2023 founded and Paris based tokenization platform, announced on 6 Feb, that it has secured €1.1 million in seed funding. Funding saw many strategic investors contributing, viz., Cabrit Capital, Tezos Foundation, Vox Capital, BPI, and renowned business angels such as Olivier Huby (ex-MFEX) and Andréa Bensaïd (Eskimoz). The funding is set to be used for the scaling of its platform, and expansion into international markets – particularly in European and Dubai Markets. Built on Tezos Blockchain, Fraktion intends to advance the ownership of high-value real-world assets, particularly in sectors such as real estate, precious stones and luxury stones. Vincent Pastor, CEO of Fraktion said, “We are thrilled to reach this new milestone with the support of our investors. Fraktion positions itself as a key player in democratizing access to investment opportunities that were previously out of reach, enabling our clients to efficiently structure their offerings.” Fraktion advancing tokenization of real world assets By using Blockchain technology, Fraktion is enabling Decentralized ownership of Real World Assets (RWAs) by dividing them into smaller, tradable digital tokens. It allows investors to access high value projects and have a sense of ownership by buying fractionalized part of the asset, without completely owning them. Projects in Real Estate, Art and Collectibles tend to be restrict the democratization of investment. Due to their high values, most investors shy away from purchasing them. However, Fraktion using its tokenization protocol and Blockchain infra is helping B2B clients to reduce their operational costs and redefining the traditionally restrictive high-value markets into a more accessible and transparent market. To focus on developing advanced features Using KYC/AML Checks, Frantion allows investors to streamline onboarding process with regular monitoring of the investments’ performance. It helps businesses to launch Club DealS by creating their own digital Platform – allowing partners to co-invest in the opportunity Through specialized partners, it provides support on SPV, Bond issuances related regulatory aspects. Its most notable application has been done by Kapi Club – a private real estate network, allowing it’s members to become fractional owners of its high-value real estate projects. As it seeks to grow and seek more partnerships, Franktion further aims to use the funding on developing advanced features such as collateralization, a secure secondary market, and compounding interest tools to enhance the investment experience – thus accelerating the tokenization efforts of RWAs. The post Fraktion receives €1.1mn funding, to accelerate tokenization of Real World Assets appeared first on CoinGape .

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