Fraktion Raises €1.1 Million to Boost RWA Tokenization and Investment
The post Fraktion Raises €1.1 Million to Boost RWA Tokenization and Investment appeared on BitcoinEthereumNews.com.
This assistance is provided for a variety of purposes, including real estate projects, precious stones, and financial assets. In a matter of days, enterprises are able to establish a safe, regulation-compliant investing platform with complete KYC/AML integration. An end-to-end solution for tokenizing and fractionalizing real-world assets (RWAs), Fraktion has raised €1.1 million in its seed funding round from prominent business angels like Olivier Huby (ex-MFEX), Andréa Bensaïd (Eskimoz), and Guillaume Mayot (Lukeion), as well as strategic investors like Cabrit Capital, Tezos Foundation, and Vox Capital. Midway through the year 2023, Fraktion was launched on the Tezos blockchain. The team behind Fraktion chose the Layer-1 network due to its high performance and cheap transaction fees. Fraktion will be able to increase its influence in the real-world asset sector and speed up the development of its technological platform thanks to the funding that was disclosed today. In the creation, administration, and marketing of financial assets, Fraktion provides assistance to private market enterprises. This assistance is provided for a variety of purposes, including real estate projects, precious stones, and financial assets. Additionally, Fraktion ensures regulatory compliance and simplicity of use. Vincent Pastor, CEO of Fraktion stated: “We are thrilled to take this next step with the support of our investors. Fraktion is positioning itself as a key player in democratizing access to previously inaccessible investment opportunities and enabling our clients to efficiently structure their offerings.” Use cases already live in Real Estate Kapi Club, a private real estate investment network that makes use of Fraktion to create and handle club transactions for high-value projects, is one of the first platforms that has been deployed. Lauren Dannay, CEO of Kapi Club stated: “Fraktion has enabled us to take a significant step forward in structuring our investment projects. Their platform provides a modern and efficient solution to meet the growing…
Filed under: News - @ February 6, 2025 4:24 pm