Crypto Startup Brix Raises $5.5 Million in Funding, Circle Ventures Among Participants

Odaily News: Brix, a startup dedicated to tokenizing assets in emerging markets, announced the completion of a $5.5 million funding round. Participants include the venture capital arm of Yapi Kredi, FRWRD, Is Asset Management, as well as crypto investment firms Circle Ventures, ConsenSys, and Borderless Capital. Brix plans to launch on the MegaETH network, aiming to bring traditionally large financial institution-dominated trading strategies (such as Turkish lira arbitrage trading) on-chain. (The Block)