Harrison White
$500,000 has been raised in pre-seed funding from several leading Cambodian and international Fintech players for the new non-speculative digital assets management platform Brixie.
Digital asset management is a software and systems solution that provides a systematic approach to efficiently storing, organizing, managing, retrieving, and distributing an organization’s digital assets.
The company is founded by three well-known executives and investors in Cambodia’s rapidly developing Fintech sector: Chairman and Group CEO Tomas Pokorny, Vice-Chairman Pablo F. Alonso Caprile and Chris Wray.
Speaking to Cambodia Investment Review, Mr. Tomas Pokorny explained that the platform would act more like a traditional FinTech business model with revenue coming from transaction and management fees as opposed to speculative investments.
To read more about Cambodia’s developing FinTech sector click here.
“The startup is Singaporean-registered and will operate under the pursuit of relevant licenses in Estonia, Lithuania, UAE and others due to more mature licensing requirements for global transactions in both crypto as well as FIAT realm,” he added.
Key investors in Brixie include, among others:
- She Leads Africa Founder, Yasmin Belo-Osagie
- Archer Aviation Founder & CEO Julien Glassey
- iCare Benefits Group Co-Founder & Group CEO Molika Meas
- IQPS Logistics Founder and Chairman Adrian Wenhlowskyj
- ADA Director of Business Development Maximiliano Berger
- KS Logistics Founder and prominent Cambodian entrepreneur Kesar Lun
- Fireworks Solutions Founders Lee Tseng Yip and Lee Kok Lim
Key advisors for Brixie include:
- Banco Santander Director of Blockchain Excellence Coty de Monteverde
- Latin Leap VC Partner Laura Gomez
- Former JP Morgan Managing Director & Pinama Investors CEO Jorge Maortua
- Julio Faura, Founder & CEO of Adhara and IOBuilders
Brixie aims to provide an easy-to-use and highly secure platform that allows its users to tokenize real estate assets from countries worldwide with its first assets under management to be located in Cambodia, South Africa, Nigeria, Malaysia, Indonesia, UK, Czech Republic, Colombia, Brazil, Australia and Spain.
The group stated they have an ambition to become the world’s first and largest fully tokenized real estate investment vehicle.
‘Tokenizing’ investment in Cambodia
Brixie users will be able to then trade these tokens from within the platform or crowdsource funds to acquire them. As a whole, Brixie’s platform is to allow its users to access global investment opportunities, invest in non-speculative digital assets, crowdsource and manage their investment funds easily.
Looking to the future, Brixie’s team will focus on its soft-launch initiatives which include an addition of a Climate Change Fight Fund Initiative (CCFFI) to tokenize and protect large swathes of forested land.
To read more about NFTs in Cambodia’s environmental sector click here.
This initiative is aimed at lowering barriers of entry of both B2B and B2C users into the Brixie platform, monetizing climate change projects and removing liquidity challenges.
This diversity of the asset classes portfolio as well as truly international focus, backed by a unique approach to licensing and assets holding, is Brixie’s key recipe for scale.