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.