The latest investment raise will see Mavryk Network develop and expand its Layer 1 real-world asset (RWA) tokenization ecosystem.
Mavryk Dynamics, the team developing Mavryk Network, a layer-1 blockchain designed to democratize real-world asset (RWA) ownership, has secured over $5 million in funding for its RWA network economy. The funding round welcomed top Web 3 VCs and investors, including Ghaf Capital, Big Brain, MetaVest Capital, Cluster Capital, Collective Ventures, and Atlas Fund, alongside commitments from Draper Gorne Holme, Blockchain Alpha, Wentworth Hall Family Office, AngelDAO, and Everest Ventures.
According to the team statement, the capital raise will be used to enhance development and innovation across its RWA tokenization platform and expand marketing efforts. This investment positions Mavryk Network as a leader in transforming how individuals interact with RWAs and decentralized finance (DeFi). In addition, the funding will bridge the gap between traditional assets and DeFi, allowing fractionalized ownership of previously illiquid assets.
“We chose to invest in Mavryk because we firmly believe in the transformative potential of RWA markets as a tangible and impactful use case,” said Aylon Morley from Wentworth Fall Family Office. “Mavryk’s robust infrastructure and experienced team bring maturity and innovation to the table.”
The platform aims to create a robust infrastructure that provides access to tokenized assets and creates a new era of assets where smart contracts automate trades and yields. The platform offers a plethora of revolutionary applications that allow users to tokenize RWAs such as real estate, bonds, debt, equities, insurance-backed securities, Bitcoin miners and commodities. So far, Mavryk Network’s Layer 1 platform has secured over $360 million in RWAs ready for tokenization.
“We’re creating a future where traditional, analog assets seamlessly integrate into a digital network economy, unlocking investment opportunities that were once exclusive to a privileged few and making them accessible to investors around the globe,” said Alex Davis, founder of Mavryk.
Notwithstanding, the platform combines traditional finance principles with DeFi innovation, offering efficient secondary trading for tokenized RWAs. This provides users with seamless access to global markets. Mavryk Network also includes non-custodial features such as an on-chain protocol treasury, liquidity mining, bug bounties, and grants. Its innovative architecture is underpinned by strategic tokenomics that prioritize stakeholder prosperity and user security.
Crucial to its explosive growth is the team of founders who have vast experience in blockchain ecosystem developments. The founding team have pioneered open-source initiatives – including a new RWA token standard – as well as multiple RWA DEXs for non-custodial trading and lending/borrowing applications.
Mavryk Network Plans For TGE Launch
Mavryk Network recently launched its testnet, featuring a suite of cutting-edge DeFi solutions, including its Mavryk Wallet, a token faucet, Maven Finance, and Equiteez tokenization platform – a digital marketplace for fractional investment in diverse real-world assets, from real estate to Bitcoin miners. Participating in the testnet allows users to familiarize themselves with the Mavryk ecosystem, test decentralized applications (dApps), purchase fractional test shares of real-world investments, and contribute feedback to improve the network. In addition, participants can earn testnet rewards for their participation.
The Testnet was launched in preparation for the upcoming mainnet launch and token generation event (TGE). The TGE will unveil the MVRK token to the public, allowing them to invest and participate in the RWA tokenization economy. Finally, the MVRK token powers the ecosystem, securing the network through staking and validator nodes. It is built with automated fee burns and economic incentives to drive sustainable growth and value perseverance.
