Fraktion, an end-to-end RWA tokenization solution, completes €1.1 million seed round, with participation from Tezos Foundation and others
Fraktion, an end-to-end tokenization solution for RWA, announced the completion of a €1.1 million seed round of funding. Cabrit Capital, Tezos Foundation, Vox Capital, as well as angel investors Olivier Huby, Andréa Bensaïd (Eskimoz), and Guillaume Mayot (Lukeion) participated in the investment. It is reported that Fraktion will be launched on the Tezos blockchain in mid-2023, and the new funds will be used to accelerate the development of its technology platform and expand its business in the real world asset industry.
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