Brickblock raises €5 million from Finch Capital

Brickblock raises €5 million Series A to accelerate ambition to be the market-leading tokenized asset investment platform.

We are very pleased to announce that we have successfully raised €5 million from our first institutional backer, Finch Capital.

In addition, Radboud Vlaar, Partner of Finch Capital, has been appointed to Brickblock’s Board of Directors.

Finch Capital is a venture capital firm that has a proven track record of investing in innovative businesses that transform the financial services sector in Europe and South East Asia.

“We are excited to welcome Finch Capital to the Brickblock family,” said Jakob Drzazga, Brickblock’s CEO and co-founder.

“Our mission is to revolutionize the way real-world assets are bought and traded, and we are confident that Finch Capital will play a vital role in helping us realize this vision through the firm’s contacts and resources in the financial industry.”

The investment will allow us to fulfill our ambitious roadmap, which includes tokenizing the first residential real estate asset, building an ecosystem for the the first tokenized exchange-traded funds (ETFs), exploring ways for U.S. investors to participate in our clients’ offerings under Regulation D, and incorporating a fiat currency payment gateway.

The go-to platform for tokenized asset transactions

“The real estate sector is the biggest investable asset class in the world, with a value of $200 trillion USD,” said Vlaar.

“We have seen the mortgage and brokerage market being disrupted, and the time is now ripe to disrupt the investment and trading side. Brickblock is well suited to lead this transformation, leveraging the blockchain to reduce costs for investors up to 80% and making it a frictionless and more liquid investment asset class. We are excited to support Jakob and his team to build out Brickblock as it gets greater adoption in the months to come and establishes itself as the go-to platform for tokenized asset transactions.”