Fraktion Gets More Traction, Securing $1.1M In Funding To Accelerate Tokenized Investing
The post Fraktion Gets More Traction, Securing $1.1M In Funding To Accelerate Tokenized Investing appeared on BitcoinEthereumNews.com.
Source: Depositphotos The Tezos-based tokenization platform Fraktion is set to push forward the concept of fractional ownership for high-value assets such as real estate and precious stones after raising $1.1 million in seed funding. Today’s round comes from a number of strategic investors, including Cabrit Capital and the Tezos Foundation. Vox Capital also participated in the investment, as did a host of angel investors. Fraktion is building a platform that aims to facilitate the seamless tokenization of assets, so they can be fractionalized and sold on the blockchain as digital tokens. It’s an idea that aims to bring greater accessibility, liquidity and transparency to financial markets that currently exclude retail investors, due to the need for immense capital. For instance, to invest in real estate, someone will need to buy an entire home or apartment, which means stumping up hundreds of thousands of dollars or taking out a multi-decade mortgage. It’s simply not something your average retail investor can participate in. Tokenization changes the game. By creating digital tokens on the blockchain that each represent a small stake in a luxury rental home, apartment or holiday resort, it’s possible for retail investors to become fractional owners of that property. A home worth $1 million could be split into 100,000 tokens, each representing a 100,000th of a share in that property, significantly reducing the amount of capital required to invest in it. Those tokens can then be traded in a decentralized way, with transactions processed in seconds, eliminating the mountains of paperwork traditionally involved in such deals. It has the benefit of bringing more liquidity into the real estate industry, where transactions typically take many weeks to process. “By providing a platform to securely tokenize and manage investments while maintaining regulatory compliance, Fraktion is delivering on one of the early promises…
Filed under: News - @ February 8, 2025 2:15 am