Colb Asset Raises $7.3M to Revolutionize RWA Tokenization and Enable Geo-economic Transformation

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TheNewsCrypto 18h ago

Colb Asset Raises $7.3M to Revolutionize RWA Tokenization and Enable Geo-economic Transformation - TheNewsCrypto

Quick Summary:

Colb Asset SA, a Geneva, Swiss-based fintech company focused on tokenizing real-world assets (RWA) and democratizing highly sought-after investment opportunities, closed an oversubscribed seed extension round with CHF 6 million, which is equivalent to about $7.3 million.

The Colb Asset team has already built a highly liquid stablecoin dubbed Colb USD ($USC), which is Swiss-regulated and pegged to the U.S.dollar at a 1:1 ratio.

The Colb USD enables global investors to access Tokenized Structured Products (TKSPs), which mirror the profitability of pre-IPO equity in top-tier companies.