Brickken, a Barcelona-based institutional-grade tokenization platform, has raised €3M ($3.5M) in seed funding. The platform enables issuing, managing, and scaling real-world assets like equity, debt, real estate, and funds through compliant, no-code infrastructure with KYC/AML and investor automation. The capital will accelerate institutional infrastructure and global expansion.
RWA TVL Tops $24B Amid MiCA
The raise aligns with tokenized RWAs reaching $24B TVL mid-2025, up significantly as institutions like BlackRock launch funds. Real Finance raised $29M in December 2025 for similar RWA infrastructure. Brickken's no-code, multi-chain approach targets EU regulatory clarity under MiCA, addressing friction reported by 84.6% of issuers. This positions it for production-scale adoption.
Illiquidity Locks Trillions in Assets
Real-world assets face liquidity challenges, with real estate alone representing a $300T opportunity. Traditional issuance involves high costs and manual processes, limiting access for SMEs and family offices. Regulatory hurdles slow onboarding, as 84.6% of issuers note friction. Brickken tackles this with end-to-end automation for 150+ clients across 30 countries, tokenizing over $500M in assets.
No-Code Stack Powers Compliance
Brickken's Digital Asset Platform offers SaaS, whitelabel, and API options for full lifecycle management, including cap tables and distributions. It supports multichain deployment on Ethereum, Base, MANTRA, and XDC, integrated with Chainlink oracles. Co-founder Dario Lo Buglio authored EIP-7943 uRWA standard for secure RWA tokenization, differentiating from API-heavy rivals like Tokeny.
Security from Lo Buglio's OpenZeppelin tenure ensures institutional-grade audits. CEO Edwin Mata's blockchain legal expertise navigates MiCA compliance. The stack enables P2P transfers and private secondary markets, extending asset utility.
Strategic EU Investors Signal Scale
The €3M round at €38M valuation drew strategic European backers, following a $2.5M seed. This builds on EBITDA positivity and partnerships with BNB Chain, Chainlink, and PwC. Investors validate Brickken's execution, with client base doubling to 150+ and TTV surpassing $500M.
As Edwin Mata, CEO, noted:
"This financing marks a deliberate step toward institutional scale."
MiCA Unlocks $9T RWA Growth
Tokenized RWAs stand at $24B, projected to reach $9.43T by 2030 at 72.8% CAGR. Competitors like Securitize focus on US broker-dealer services, while Tokeny emphasizes enterprise APIs. Brickken's EU-centric, no-code platform serves diverse RWAs, riding MiCA tailwinds for passporting.
Recent milestones include selection for Luxembourg's Catapult: FundTech and European Blockchain Sandbox with Coinbase. RWA distributed value hit $26.78B in March 2026.
Team Blends Legal Tech Expertise
Founders combine deep credentials: Edwin Mata (ex-M&A lawyer, blockchain advisor), Dario Lo Buglio (OpenZeppelin security lead, uRWA author), Ludovico Rossi (blockchain lecturer), Bram Duindam (serial marketer), and Yassir Haouati (DeepTech founder). This mix drove $500M tokenized and 44-person team growth. Their standards work and partnerships signal infrastructure leadership.
Product Launches Fuel Expansion
Funds target API enhancements, AI features, and whitelabel scaling. Recent P2P Digital Asset Transfers enable compliant secondary liquidity. Brickken eyes North America, Asia entry, leveraging 30-country footprint and events like ALFI Luxembourg.