Tokinvest, a regulated marketplace for turning real-world assets (RWA) into digital tokens, has announced three big milestones: getting the first full multi-asset licence from Dubai’s Virtual Assets Regulatory Authority (VARA), selling out its first tokenised racehorse, and raising $3.2 million in a pre-seed funding round.
With this licence, Tokinvest becomes one of the few platforms in the world officially allowed to create and sell tokenised real-world assets under full regulatory approval.
Its first project — the tokenisation of a world-class racehorse in partnership with Evolution Stables — sold out completely, making it the first successful example of fractional ownership in sports assets.
Building on this momentum, Tokinvest is preparing to launch tokenised property assets. This will give everyday investors access to opportunities that were once limited to the wealthy. Early adopters can join the waitlist for “Golden Hour” access — an exclusive early entry to the platform before it opens to the public. This limited window lets investors secure priority allocations in upcoming real estate offerings, subject to regulatory approval.
Beyond real estate, Tokinvest also has other assets in the regulatory approval pipeline, including commodities, funds, and bonds.
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.
“What’s most exciting is that our first asset, based in New Zealand, has attracted investors from three countries yet is issued from Dubai. 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. We are proud to play a role in shaping Dubai’s leadership in this space, and grateful to VARA for their vision and partnership.”
Alex Baddeley, CEO of Evolution Stables, added: “Partnering with Tokinvest to bring racehorse tokenisation to life was a groundbreaking step for us. The response has been phenomenal, it’s proof that technology can create access and passion-driven investment opportunities that were never possible before.”
Aishwary Gupta, Head of Payments and RWA at Polygon, said: “RWAs are one of the fastest-growing sectors on-chain, and Polygon has become the natural home for their tokenisation. 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. We’re proud Polygon is the foundation for this milestone.”
Tokinvest has raised $3.2 million in a pre-seed round backed by VCs, family offices, and wealthy investors, including Triliv Holdings and Exponential Science. The funds will be used to grow the platform, expand regulatory approvals, and add new asset types such as property, funds and commodities.
Jigar Sagar, Founder of Triliv Holdings and judge on The Final Pitch Middle East, said:”As both an investor and a judge on The Final Pitch, I see first-hand the groundbreaking ventures emerging from Dubai. 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.”
Read more- UPFRONT Raises $10 million to Help MENA Small Businesses with Cash Flow
