Brickblock Raises €5 million in Funding Round Led by Finch Capital

[kreslik.news]

Blockchain company Brickblock has raised 5 million EUR in a series A funding round. The funding round was led by venture capital firm Finch Capital.

Brickblock will convert real-world assets into tokens on its blockchain. It is focused on real estate and financial derivatives which are based on real estate assets. The platform is supposed to be a tool for real estate developers and asset managers to reach investors more efficiently, as well as bring transparency to the industry.

The tokens are based on a proof-of-asset consensus system which legally entitle the holder to profits derived from the underlying asset. The tokens ... (read more)