The startup develops an enterprise blockchain platform that creates industry-specific protocols to eliminate intermediaries and customize data visibility. This platform automates manual processes and supports high network activity, enabling clients to securely build and manage decentralized applications.
Funding
$57M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional methods of buying, selling, and trading real-world assets (RWAs) often involve intermediaries, lack transparency, and can be inefficient, especially when dealing with fractional ownership. This can limit access for potential buyers and create complexities in managing and tracking asset ownership.
Solution
BlockApps provides a blockchain-based platform, STRATO Mercata, that facilitates the tokenization and trading of real-world assets. The platform enables verified issuers to list assets, such as precious metals, whiskey casks, and carbon offsets, which can then be purchased as tokens. These tokens represent fractional or whole ownership of the underlying asset and can be re-sold, traded, or redeemed. By leveraging blockchain technology, BlockApps aims to increase transparency, reduce intermediaries, and enhance liquidity in the RWA market.
Target Audience
The primary target audience includes individuals and institutions interested in investing in real-world assets through tokenization, as well as businesses seeking to tokenize and offer their assets on a blockchain-based marketplace.
Features
- Tokenization of real-world assets, enabling fractional ownership and increased liquidity
- STRATO Mercata marketplace for buying, selling, and trading tokenized assets
- Support for various asset classes, including precious metals (gold, silver), whiskey casks, carbon offsets, and collectibles
- Integration with Ethereum mainnet for bridging digital assets
- Staking capabilities for certain assets, allowing users to earn rewards
- API for developers to build applications on top of the STRATO Mercata platform
- Tools for launching and managing public nodes on the STRATO Mercata network