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FundingMarch 15, 20244 min read

Zen Tokenize Raises $50M Series B to Accelerate Global Expansion

Funding round led by leading venture capital firms to expand platform capabilities and enter new markets across Europe and Asia.

Corporate CommunicationsSan Francisco, CA

Zen Tokenize, the leading platform for real-world asset tokenization, today announced the successful completion of its $50 million Series B funding round. The round was led by Andreessen Horowitz (a16z) with participation from Sequoia Capital, Coinbase Ventures, and several strategic institutional investors.

Accelerating Global Expansion

The funding will primarily be used to accelerate Zen Tokenize's global expansion, with particular focus on establishing operations in Europe and Asia. The company plans to open new offices in London, Singapore, and Frankfurt to better serve institutional clients in these key markets.

"This funding validates our vision of democratizing access to alternative investments through blockchain technology," said Sarah Chen, CEO and co-founder of Zen Tokenize. "We're seeing unprecedented demand from both asset owners looking to tokenize their holdings and investors seeking access to previously illiquid asset classes."

Platform Enhancement and New Features

A significant portion of the funding will be allocated to enhancing the platform's capabilities, including:

  • Multi-chain support for enhanced interoperability
  • Advanced analytics and reporting tools for institutional clients
  • Automated compliance and regulatory reporting features
  • Enhanced security measures and audit capabilities

Market Leadership and Growth

Since its founding in 2019, Zen Tokenize has established itself as the market leader in asset tokenization, with over $2.5 billion in assets under management and 150+ enterprise clients globally. The platform has facilitated the tokenization of diverse asset classes including real estate, private equity, art, and commodities.

"The digital asset tokenization market is experiencing explosive growth, and Zen Tokenize is perfectly positioned to capitalize on this opportunity," said Chris Dixon, General Partner at Andreessen Horowitz. "Their technology platform and regulatory expertise make them the clear leader in this space."

Regulatory Compliance Focus

The company has maintained a strong focus on regulatory compliance, achieving SOC 2 Type II certification and establishing compliance frameworks across multiple jurisdictions. This commitment to regulatory adherence has been a key differentiator in attracting institutional clients.

Team Expansion

Zen Tokenize plans to use the funding to expand its team from 85 to over 150 employees by the end of 2024. The company is actively hiring across all departments, with particular emphasis on engineering, compliance, and business development roles.

About Zen Tokenize

Founded in 2019, Zen Tokenize is the leading platform for tokenizing real-world assets. The company's technology enables asset owners to convert physical and financial assets into digital tokens, making them more liquid, accessible, and efficient to trade. Zen Tokenize serves institutional clients including asset managers, real estate firms, private equity funds, and corporations looking to unlock the value of their assets through tokenization.

For more information about Zen Tokenize, visit zentokenize.com.

FundingSeries BExpansionGrowth

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Zen Tokenize - Blockchain Tokenization Platform