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RWA Tokenization end-to-end solution Fraktion completes a 1.1 million Euro seed round financing, with participation from Tezos Foundation, etc.
Golden Finance reported that the RWA end-to-end tokenization solution Fraktion announced the completion of a €1.1 million seed round financing, with Cabrit Capital, Tezos Foundation, Vox Capital, as well as angel investors Olivier Huby, Andréa Bensaïd (Eskimoz), and Guillaume Mayot (Lukeion) participating. It is reported that Fraktion will be launched on-chain in TezosBlock in mid-2023, and the new funds are intended to be used to accelerate the development of its technical platform and expand into the real-world asset business sector.