Tokinvest, a Dubai-based marketplace for real-world asset (RWA) tokenization, has announced a trifecta of major milestones, securing the first full multi-asset issuance licence from Dubai’s Virtual Assets Regulatory Authority (VARA), closing a $3.2 million pre-seed funding round, and completely selling out its debut tokenized asset. These achievements position the company as a regulated leader in the rapidly growing asset tokenization space.
A Regulatory First for Dubai
With its new licence from VARA, Tokinvest becomes one of the few platforms globally authorized to issue and distribute tokenized real-world assets under a comprehensive regulatory framework. This landmark approval is a significant validation of the company’s model and reinforces Dubai’s position as a global hub for virtual assets and financial innovation.
Scott Thiel, CEO & Co-Founder of Tokinvest, said: “We set out to make investing in real-world assets as simple as buying a stock. Securing one of the first full issuance licences from VARA, closing our pre-seed round, and selling out our debut tokenised asset demonstrate both the market demand and the trust placed in Tokinvest. It’s a clear signal that Dubai is not just setting the standard in regulation but also emerging as a global capital for asset formation and cross-border investment.”
Successful Debut with Tokenized Racehorse
Tokinvest’s inaugural project, the tokenization of a world-class racehorse in partnership with New Zealand-based Evolution Stables, has sold out entirely. The successful sale, which attracted investors from three different countries for an asset based in New Zealand, serves as a powerful proof-of-concept for fractionalized ownership of passion-driven and alternative assets. The debut token was issued on Polygon, a leading blockchain protocol that currently secures over $1.1 billion in RWA value.
“RWAs are one of the fastest-growing sectors on-chain, and Polygon has become the natural home for their tokenisation,” said Aishwary Gupta, Head of Payments and RWA at Polygon. “Tokinvest’s launch of VARA’s first multi-asset issuance from Dubai shows how regulated platforms can now bring high-quality assets to global investors at scale.”
Fuelling Growth with $3.2M Pre-Seed
The $3.2 million pre-seed funding round will be used to fuel platform growth, pursue further regulatory expansion, and onboard new asset classes. The round was backed by a mix of VCs, family offices, and high-net-worth investors, including Triliv Holdings and Exponential Science.
Jigar Sagar, Founder of Triliv Holdings and a judge on The Final Pitch Middle East, commented on the investment: “Tokinvest stands out for bringing regulation, trust, and accessibility to real-world asset tokenisation. We invested because their vision to democratise premium assets aligns with Dubai’s ambition and has true global scale.”
What’s Next for Tokinvest
Building on its initial success, Tokinvest plans to launch tokenized property assets next, opening up opportunities in real estate to a broader retail investor base. Other asset classes in the regulatory pipeline include commodities, funds, and bonds. The company has opened a waitlist for “Golden Hour” access, offering early adopters priority in upcoming offerings.
About Tokinvest
Tokinvest is a regulated platform headquartered in Dubai that connects real-world asset issuers with a global investor base. The platform simplifies the investment process by creating virtual tokens that represent rights to assets, providing comprehensive lifecycle services from issuance and trading to asset servicing. By leveraging Dubai’s robust regulatory environment, Tokinvest aims to democratize access to the world’s most desirable assets.
Source: Zawya
