Brickken and BNB Chain Partner to Advance RWA Tokenization, Enriching the DeFi Ecosystem

Digitizing real-world assets such as real estate and financial instruments like equities and commodities on the blockchain allows for increased liquidity.

Brickken, a tokenization platform, has partnered with BNB Chain to become an official real-world asset (RWA) provider within the ecosystem.

Together, the two will forge an environment where businesses can digitize and manage RWAs efficiently by combining BNB Chain with Brickken's advanced technology that forms the one-stop platform and experience in tokenization.

Brickken will provide tokenization services on the BNB Chain ecosystem. Source: Brickken

The collaboration will see Brickken's asset management tools brought to BNB Chain’s scalable infrastructure, offering businesses a direct and secure route to tokenizing RWAs.

This partnership will provide companies and investors with new funding options, ultimately creating cost-effective solutions for raising capital and managing assets.

Moreover, BNB Chain's vast ecosystem, which includes a large number of decentralized applications (DApps) and DeFi platforms, will help expand Brickken's reach.

With access to BNB Chain's broad audience, Brickken will now be able to connect with more institutional and retail investors to offer investment options that will increase liquidity across markets and enable portfolio diversification.

With low transaction fees, high scalability and Ethereum Virtual Machine (EVM) compatibility, BNB Chain presents an efficient and accessible environment for asset management and tokenization.

Leveraging this infrastructure, Brickken will be able to facilitate tokenizing more assets on the blockchain and making RWAs accessible to a broader audience.

Both Brickken and BNB Chain are committed to security and regulatory compliance, which they prioritize addressing at every level.

By integrating advanced security and compliance measures into their platform, the collaborators will ensure that RWAs on the BNB Chain ecosystem maintain high standards of security, compliance and liquidity.

One of the first projects to benefit from this collaboration is Hydrokken, which focuses on producing clean energy from natural hydrogen.

Hydrokken has tokenized its shares on the BNB Chain through Brickken's platform.

Apart from offering the project a presence on the blockchain, this collaboration will allow investors to engage with an eco-friendly asset class and democratize access to the clean energy sector.

Commenting on the collaboration, Gala Wen, director of ecosystem development at BNB Chain, stated:

“This collaboration with Brickken expands blockchain’s utility and accessibility, aligning with BNB Chain’s mission of onboarding the next billion users to Web3. By introducing RWA tokenization, we are enabling new opportunities for global industries worldwide.”

RWAs serve as a bridge that connects traditional industries with decentralized finance, enabling access to assets that were previously limited to conventional markets.

By joining forces with BNB Chain, Brickken is helping to expand access to RWAs across companies and foster a more inclusive financial ecosystem.