Brickken, a leading Barcelona-based startup in asset tokenization, announces its selection to participate in the European Blockchain and Distributed Ledger Technologies (DLT) Regulatory Sandbox. This inclusion highlights Brickken’s ongoing commitment to innovation and regulatory compliance in the blockchain sector.
The European Blockchain Sandbox, driven by the European Commission, provides a collaborative environment for blockchain innovators and regulators. The initiative aims to enhance understanding, provide legal certainty, and foster the development of blockchain technologies.
Brickken will be supported by Coinbase’s BASE, leveraging their institutional knowledge and market presence. Collaboration with industry leaders such as Chainlink, Psalion, and Keyrock, along with participation in PwC's digital assets program, underscores Brickken’s robust network.
Brickken's participation in the Sandbox goes beyond technology testing; it is about actively contributing to the regulatory framework for tokenized assets in Europe. By collaborating directly with legislators, Brickken will help identify and address legal and regulatory obstacles, ensuring that their solutions comply with European standards. This proactive approach aims to shape the future of tokenization, creating a more favorable environment for blockchain innovations.
Brickken's experience from previous sandbox engagements, such as the Spanish tokenized secondary markets sandbox, will be instrumental in this process. The company’s feedback and insights will assist in refining regulations, making it easier for other blockchain startups to navigate legal complexities.
Participation in the Sandbox will enable Brickken to refine and optimize its Digital Asset Suite in a secure environment. Brickken has established itself as a leading tokenization protocol, having tokenized assets worth over 200 million euros and boasting a total value locked (TVL) of over 10 million euros. From the outset, Brickken's aim has been to push the industry forward by providing robust and innovative tokenization solutions.
This opportunity will boost acceptance among institutional clients, market operators, and bond issuers, facilitating Brickken's entry into new markets. Brickken’s participation in the Sandbox aligns with its mission to drive industry standards, showcasing its commitment to compliance and innovation. By shaping the regulatory landscape, Brickken is directly contributing to the evolution and maturation of the blockchain industry.
Edwin Mata, CEO of Brickken, expresses enthusiasm about the selection, emphasizing the validation of their innovative approach and the collaborative benefits with regulators and industry leaders.
"This opportunity allows us to collaborate with regulators and other industry leaders to build a stronger and more reliable blockchain ecosystem. The experience and knowledge we gain in this regulatory sandbox will be invaluable for our future growth and success."
Brickken’s achievements include the tokenization of assets worth 200 million euros, over 50 clients, and rapid growth since its founding in 2020. With its participation in the European Blockchain Sandbox, Brickken continues to innovate and lead in the tokenization space. Follow Brickken’s journey as they pioneer the future of asset tokenization.
.svg)
.png)