360X
Financials
Estimates*
USD | 2022 | 2023 |
---|---|---|
Revenues | 1.2m | 4.2m |
% growth | - | 239 % |
Date | Investors | Amount | Round |
---|---|---|---|
€10.0m | Late VC | ||
Total Funding | CAD15.0m |
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Recent News about 360X
Edit360X is a forward-thinking startup aiming to revolutionize the investment landscape by leveraging the power of tokenization. Tokenization is the process of converting rights to an asset into a digital token on a blockchain. This company combines expertise in art, music, and real estate with cutting-edge technology to create a platform where investors can buy and sell tokenized rights to high-quality, expert-verified assets.
360X primarily serves sophisticated investors who are looking for new and innovative ways to diversify their portfolios. The company operates in the financial technology (fintech) sector, specifically focusing on the niche market of tokenized assets. By applying for a license as an investment brokerage under the German Banking Act, 360X aims to provide a regulated and secure trading environment. This ensures that all transactions are compliant with financial regulations, offering peace of mind to investors.
The business model of 360X revolves around creating a marketplace for tokenized assets. They make money by charging fees for transactions conducted on their platform. These fees can come from various sources, such as listing fees for asset owners, transaction fees for buyers and sellers, and possibly subscription fees for premium services. The company also benefits from partnerships with other financial institutions and technology providers, enhancing their service offerings and expanding their reach.
In summary, 360X is at the forefront of a new era in investing, providing a secure and regulated platform for trading tokenized rights in art, music, and real estate. Their innovative approach opens up new markets and investment opportunities for sophisticated investors.
Keywords: tokenization, fintech, art investment, music investment, real estate, blockchain, trading platform, regulated, sophisticated investors, digital assets.