- Tokinvest raised $500,000 in pre-seed funding from strategic investors, including Michael Ourabah, CEO of BSO.
- Tokinvest simplifies the investment process by creating virtual tokens representing rights to various real-world assets, offering comprehensive lifecycle services.
- The funding will enhance Tokinvest’s technological infrastructure, expand its team, and accelerate market penetration.
- Significant interest from strategic investors highlights confidence in Tokinvest’s scalable and regulated platform.
Tokinvest, a UAE-based tokenisation platform, has successfully raised $500,000 in pre-seed funding from several strategic investors, including Michael Ourabah, CEO of BSO. This milestone marks a significant step forward for the company, which was founded in 2024 by Scott Thiel and Matthew Blom.
Innovative Asset Tokenisation Platform
Tokinvest is at the forefront of transforming how real-world assets are tokenised. By creating virtual tokens that represent rights to various assets, Tokinvest simplifies the investment process and connects asset issuers with investors on a global scale. The platform provides comprehensive lifecycle services, covering everything from ideation and trading to asset servicing, making it a versatile tool for both issuers and investors.
Strategic Investment for Growth
The $500,000 raised in this funding round will be instrumental in enhancing Tokinvest’s technological infrastructure, expanding its team, and accelerating its market penetration. Michael Ourabah, CEO of BSO and one of the key investors, expressed his enthusiasm for Tokinvest’s vision. “We believe in Tokinvest’s approach to setting industry standards in real-world tokenisation. Their platform not only meets the highest legal and compliance levels but also makes desirable assets accessible to a broader range of investors. We are excited to support their growth during this pivotal period,” said Ourabah.
Strong Investor Confidence
The pre-seed funding round saw considerable interest from strategic investors who recognized the potential of Tokinvest’s scalable and regulated platform. This confidence from investors is a testament to the company’s innovative approach and the robustness of its business model.
Scott Thiel, CEO of Tokinvest, shared his gratitude for the support received. “We are immensely grateful for the trust and support from our early investors. This funding fuels our technological and operational development and solidifies our strategy to lead in the real-world asset tokenisation space. We are excited about the opportunities that lie ahead and are keenly focused on launching our marketplace later this year,” he said.
Future Plans and Licensing
Building on the momentum of this initial fundraising success, Tokinvest has opened its next funding round. The upcoming round aims to attract further investment to scale operations, expand its global reach, and continue innovating within the real-world asset tokenisation market. This move demonstrates Tokinvest’s commitment to growth and innovation in a rapidly evolving industry.
Additionally, Tokinvest has recently secured initial approval for licensing from the Government of Dubai Virtual Assets Regulatory Authority (VARA). While licensing is contingent on fulfilling pre-operating conditions and qualifying for operational approval, this achievement is a crucial step towards establishing Tokinvest as a regulated entity in the virtual assets space.
Tokinvest’s successful pre-seed funding round and strategic plans for expansion underscore its potential to revolutionize the real-world asset tokenisation industry. With robust investor confidence and a clear vision for the future, Tokinvest is poised to make significant strides in the global market, offering investors unparalleled access to tokenised assets.
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