The startup digitises real-world assets.
Hong Kong-based startup FinFabrik makes use of blockchain technology to digitise real-world assets like equities, fixed income, and real estate. It aims to shake up the infrastructure of capital markets through its range of solutions that target the end-to-end lifecycle including Crosspool for issuance, CryptoFabrik for trading and QuantFabrik for the market-making of digital assets.
“Our team is focused on creating solutions that enable owners to deploy their assets and liabilities. Owners may digitise and fractionalise their tangible and intangible assets, raise capital, and reach investors in a frictionless manner using FinFabrik’s proprietary blockchain and machine learning technologies,” Alex Medana, FinFabrik’s co-founder and CEO said.
In February, FinFabrik raised an undisclosed amount in a seed funding round led by BitMEX Ventures, the investment arm of crypto exchange and derivatives trading platform BitMEX, to enhance its capital markets software solution and explore new product offerings based on digital assets.
Access to capital
Through asset digitisation and tokenisation, real-world assets like equities, fixed income, real estate are divvied up into fractional equity ownership and transformed into digital assets that make use of distributed ledger technology.
“By transforming traditionally alternative, illiquid assets into Digital Asset-Backed Securities, FinFabrik powers a digitally integrated end-to-end lifecycle, from issuance to trading. This will broaden access to assets and capital, link supply and demand more efficiently and enable innovative new business models,” FinFabrik said in its website.
Photo from hongkong-fintech.hk
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