Brix, a fintech platform focused on bringing emerging market financial assets on-chain, has raised $5.5 million in a funding round. The round included participation from global financial institutions and Web3 investors, including FRWRD Ventures, Circle Ventures, ConsenSys, Webrazzi Ventures, Borderless Capital, and Paribu Ventures. Angel investors Kemal Kaya, Fevzi Güngör, and Sertaç Özinal also participated.
Brix aims to broaden access to investment opportunities in emerging markets by tokenising real-world assets such as stocks, funds, and bonds. Through this approach, the platform enables investors to access assets that have traditionally been available primarily to institutional participants.
In addition to direct investment, these tokenised assets can be used as collateral and integrated into decentralised finance (DeFi) applications, supporting the creation of new on-chain financial structures.
The company collaborates with banks and brokerage firms across emerging markets to facilitate the issuance, custody, and management of underlying assets. These partnerships enable scalable market-making activities and provide the regulatory and operational infrastructure required to support global investor participation.
Alp Ergin, co-founder and CEO of Brix, explained that the company’s approach combines partnerships with established financial institutions in emerging markets with its experience in developing new markets within decentralised finance, adding:
Large players in emerging markets want to tokenise and distribute their assets, while capital in DeFi is searching for real-world yield. Brix is the point where the two meet.
Commenting on the investment, Kemal Kaya, Advisor at Blackstone and former CEO of Yapı Kredi, highlighted that this development signals the early stages of deeper integration between traditional and decentralised finance.
As part of its roadmap, Brix plans to launch its first asset, a digital instrument backed by tokenised Turkish lira-denominated money market funds, with further asset offerings expected to follow. All underlying assets on the platform are managed, regulated, and custodied by established local financial institutions, ensuring compliance and operational integrity.
By connecting decentralised finance capital with real-world assets from rapidly growing economies, Brix seeks to enhance accessibility and liquidity in emerging market investments while enabling new forms of programmable and transferable yield within the DeFi ecosystem.
The newly secured funding will be used to expand Brix’s portfolio of market-specific assets and strengthen its network of institutional partners across key regions, including Türkiye, the United Arab Emirates, Egypt, Mexico, Brazil, and South Korea, providing unified access to these markets through a single platform.
Would you like to write the first comment?
Login to post comments