Odaily News Dubai-based blockchain startup Byzanlink recently announced the completion of a $1 million private round of financing from institutional investors including Outlier Ventures, NTDP Saudi, Smart IT Frame, Sensei Capital and several angel investors.
It is reported that Byzanlink is committed to building RWA tokenization infrastructure and plans to make institutional-level investments more transparent, efficient and accessible through blockchain technology. The company is located in the Dubai Multi Commodities Center (DMCC) and will use this round of funds to accelerate product development and deepen integration with traditional financial and decentralized financial partners.
Anbu Kannappan, founder and CEO of Byzanlink, said the company focuses on converting physical assets such as private equity, credit or real estate into blockchain-native financial products, and its target customers include financial institutions, fintech platforms and digital asset libraries. The platform plans to support multiple asset classes and provide professionally managed investment options with a focus on liquidity, transparency and security. (Tech Startup News)