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0 CommentsBrickken, a tokenization platform, has partnered with BNB Chain to enrich its real-world assets ecosystem.
Digitizing real-world assets such as real estate and financial instruments like equities and commodities on the blockchain allows for increased liquidity, transparency and broader market access. Tokenization is a process that unlocks a wider range of assets for investors while providing businesses with cost-effective tools to raise and manage capital.
Tokenized assets are quickly gaining traction, with the total value locked (TVL) in real-world assets (RWAs) more than doubling over the last four months. This growth reflects a strong trend of assets migrating from traditional finance to blockchain, fueling a digital ecosystem with fresh opportunities for both experienced investors and newcomers seeking to diversify their portfolios.
Players in the space are increasingly opting to collaborate to sustain this momentum and build the infrastructure necessary for RWA tokenization to flourish. By partnering, prominent players can lay the groundwork for RWAs to thrive within the DeFi space, ensuring security, regulatory compliance and operational efficiency to support the expansion and growth of this dynamic space.
Joining forces to advance RWA tokenization
Brickken, a digital asset management platform specialized in tokenization of financial instruments, has partnered with BNB Chain to become an official RWA provider within the ecosystem. By combining BNB Chain with Brickken’s advanced technology that forms the one-stop platform and experience in tokenization, the two are forging an environment where businesses can digitize and manage real-world assets efficiently.
The collaboration aims to provide businesses with a secure, direct route to tokenize real-world assets by bringing Brickken’s asset management tools to BNB Chain’s scalable infrastructure. With the partnership, companies and investors gain access to new funding options, resulting in cost-effective solutions for raising capital and managing assets.
BNB Chain’s extensive ecosystem, which includes a great number of decentralized applications (DApps) and DeFi platforms, helps to expand Brickken’s reach. With access to BNB Chain’s broad audience, Brickken can now connect with more institutional and retail investors to offer investment options that will enhance liquidity across markets while allowing for portfolio diversification.
Enhanced accessibility to RWAs
With low transaction fees, high scalability and Ethereum Virtual Machine (EVM) compatibility, BNB Chain presents an efficient and accessible environment for asset management as well as tokenization. Leveraging this infrastructure, Brickken can facilitate tokenizing more assets on the blockchain while making RWAs accessible to a broader audience.
Brickken and BNB Chain share a commitment to security and regulatory compliance, prioritizing addressing these at every level. By integrating advanced security and compliance measures into their platform, the collaborators ensure RWAs on the BNB Chain ecosystem maintain high standards of security, compliance and liquidity.
One of the first projects to benefit from this collaboration is Hydrokken, which focuses on producing clean energy from natural hydrogen. Hydrokken has tokenized its shares on the BNB Chain through Brickken’s platform. Apart from offering the project a presence on the blockchain, the collaboration allows investors to engage with an eco-friendly asset class while democratizing access to the clean energy sector.
[5/7] 💡Collaboration Objectives
Together, Brickken and @BNBCHAIN are entering into this collaboration in order to accelerate the rapidly growing #tokenization space on one of the most adopted blockchains in the ecosystem. This collaboration empowers companies to tokenize…
— Brickken (@Brickken) November 6, 2024
Commenting on the collaboration, Gala Wen, director of ecosystem development at BNB Chain, said:
“This collaboration with Brickken expands blockchain’s utility and accessibility, aligning with BNB Chain’s mission of onboarding the next billion users to Web3. By introducing RWA tokenization, we are enabling new opportunities for global industries worldwide.”
RWAs serve as a bridge that connects traditional industries with decentralized finance, enabling access to assets that were previously limited to conventional markets. By joining forces with BNB Chain, Brickken is helping to expand access to RWAs across companies and foster a more inclusive financial ecosystem.
