International digital asset management platform brixie is aiming to raise US$3 million to US$5 million in its upcoming seed fundraising round after successfully raising US$500,000 in pre-seed capital earlier this year.
The seed funding will assist the Singapore-registered company to increase its speed to market and launch its fintech solution to the wider market within the first half of 2023.
Brixie aims to provide an easy-to-use and highly secure platform that allows its users to tokenize real estate assets from countries worldwide, with its first assets under management to be located in Cambodia, South Africa, Nigeria, Malaysia, Indonesia, UK, Czech Republic, Colombia, Brazil, Australia and Spain.
Users will then be able to trade these tokens from within the platform or crowdsource funds to acquire them. As a whole, brixie's aim is to allow its users to access global investment opportunities, invest in non-speculative digital assets and manage their funds easily.
Several leading fintech players from around the world invested in the pre-seed funding. The group stated they have the ambition to become the world's first and largest fully tokenized real estate investment vehicle.
The company is founded by three executives and investors in Cambodia's rapidly developing fintech sector: chairman and group CEO Tomas Pokorny, vice-chairman Pablo F. Alonso Caprile, and Chris Wray.
There is very strong potential for investors in the venture, Pokorny explains, as the company has been launched by experienced, repeat entrepreneurs with multiple exits, and supported by a world-class advisory board and global investors.
He adds: “While from a user's perspective, brixie's users are investing via a proof-of-stake Near [Protocol]-based blockchain platform with decentralized finance principles, allowing them to make decisions in a democratized, transparent and fully secure way.”