What BrickMark does

BrickMark (now operating as BRICKMARK X under parent BrickMark X AG) is a Swiss-headquartered digital asset platform specializing in the tokenization of real-world assets, exclusively focused on real estate. Founded in 2018 in Zug, Switzerland and now headquartered at Dufourstrasse 47, Zurich, the company operates the BrickMark X Platform — described as the first vertical tokenization platform in Europe dedicated to real estate — providing end-to-end Tokenization-as-a-Service (TaaS) covering structuring, issuance, and lifecycle management of digital securities. The platform is built on Ethereum using the ERC-3643 standard for compliant digital securities and integrates Dynasty Global's DYN payment token (ERC-20) for settlement; it supports multi-blockchain management through one integrated interface and connects issuers to exchanges, trading facilities and custody solutions.

The company has executed over €210 million in completed tokenization transactions (including what is described as the world's largest single commercial property tokenization, a CHF 130–135 million property on Zurich's Bahnhofstrasse), has $2.6 billion in projects in preparation, and serves a registered base of more than 45,000 investors. It maintains a subsidiary in Luxembourg and an operational presence in Miami. Its customer base is B2B on the supply side — real estate funds, property owners and developers seeking to raise capital, recycle equity from existing assets, or add secondary-market liquidity — and retail/institutional on the demand side, served via partnerships with Tokeny (Apex Group) for compliant on-chain infrastructure across Switzerland/EU, DigiShares for U.S. transatlantic distribution, and Dynasty Global for Brazil and the Americas.

BrickMark's business model is professional services-driven: revenue is generated through structuring fees, issuance fees, and ongoing management fees on tokenized real estate programs, rather than disclosed SaaS subscription pricing. The company completed a CHF 10 million Series A in June 2024 led by Dynasty Global Investments (settled in DYN tokens on Ethereum), rebranded to BRICKMARK X in July 2025 under new CEO Mike Seiler and COO Volker Jansen, with founder Stephan Rind moving to Chairman of the Advisory Board, and is pursuing expansion into Brazil, MENA and Asia.

Name

BrickMark

Legal name

BrickMark X AG

Website

https://brickmark.net

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

BrickMark is a Swiss-headquartered digital asset platform that operates the BrickMark X Platform, providing tokenization-as-a-service for real estate funds, property owners and developers, connecting them to retail and institutional investors globally via compliant blockchain-based digital securities.

Ownership category

akta.pro rank

Product category

Real Estate Tokenization Platform

NAICS

Securities and Commodity Contracts Intermediation and Brokerage (5231), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Real Estate Tokenization Platforms (FSADAEAC)

akta.pro secondary industries

Tokenized Securities & Capital Markets (Equity, Debt, Funds) (FSADAEAA), Tokenization Platforms (RWA, Securities, Funds) (FSAGAMAA), Tokenized Securities & Capital Markets Infrastructure (equities, bonds, funds, ATS/MTF connectivity) (FSAPAIAD)

Keywords

• Real estate tokenization
• Blockchain securities
• Digital asset management
• Tokenization-as-a-service
• Security token issuance

Headquarters

HQ city

Baar

HQ country

Switzerland

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Tokenization-as-a-Service (TaaS): BrickMark provides end-to-end tokenization services for real estate asset owners and developers, structuring and issuing digital securities and managing the entire lifecycle of tokenized real estate programs. Revenue likely derives from structuring fees, issuance fees, and ongoing platform/management fees for tokenized securities.

Distribution channels4 records

Marketing channels4 records

Core offering

BrickMark operates the BrickMark X Platform, the first vertical tokenization platform in Europe dedicated exclusively to real estate, providing tokenization-as-a-service (TaaS) that covers end-to-end structuring, issuance, and lifecycle management of digital securities on the Ethereum blockchain using the ERC-3643 compliant standard. The company connects real estate funds, owners, and developers on the supply side with retail and institutional investors on the distribution side via exchanges, trading facilities, and custody solutions, integrating the DYN payment token for settlement.

Product overview

BrickMark operates as a unified platform-and-services company consisting of BrickMark X Platform (the core technology platform), BRICKGATE (Europe's first vertical real estate tokenization platform), and BrickMark X AG (the parent company entity). The BrickMark X Platform serves as the primary product—a first vertical tokenization platform in Europe specializing exclusively in real estate—providing end-to-end services for structuring, issuing, and managing tokenized securities, while BRICKGATE functions as the company's proprietary real estate tokenization platform enabling real estate transactions and asset tokenization. Together, these products connect property owners, developers, and funds on the supply side with retail and institutional investors on the distribution side, offering tokenization-as-a-service (TaaS) for third parties alongside the company's own tokenization programs. The company has executed over €210 million in completed transactions, has $2.6 billion in projects in preparation, and serves 45,000+ registered investors worldwide.

Differentiator

Problem solved

Functional benefit

Brands

• BRICKGATE: Europe's first vertical real estate tokenization platform, enabling structuring, issuance and management of tokenized securities. Scheduled for Brazilian market launch in Q3 2024.
• BrickMark X Platform

Products and services

• BrickMark X Platform

Quantifiable outcome

• €210 million in transaction value completed; $2.6 billion in projects in preparation; 45,000+ registered investors; USD 160 million+ in tokenization transactions to date

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• Tokeny (Apex Group)coreTechnology or Integration · 11 November 2025BrickMark X and Tokeny, the leading on-chain operating system and part of Apex Group (global financial services provider with 13,000+ people across 112 offices in 52 countries), formed a strategic cooperation. The partnership leverages Tokeny's ERC-3643-based infrastructure to deliver a seamless, e-commerce-like experience for end users with 24/7 onboarding, peer-to-peer transferability, and cross-platform utility for tokenized real estate. This enhances BrickMark's flexible approach to digital asset management and extends Tokeny's reach into Switzerland and the EU.
• DigiSharescoreChannel Partner/ Reseller/ Distributor · 4 November 2025BrickMark X and DigiShares (one of the leading providers of white-label tokenization platforms for real-world assets, combining financing, corporate management, and secondary trading) formed a strategic partnership establishing a premier transatlantic distribution channel for institutional-grade tokenized real estate. The collaboration connects high-quality European and Swiss real-estate opportunities with U.S. investors through DigiShares' regulated U.S. market infrastructure, including transfer-agent record-keeping and ATS venue connectivity. BrickMark's programs will be distributed in the U.S. via DigiShares, while DigiShares' U.S. offerings will reach Switzerland and EU via BrickMark's network.

Scale indicators7 records

Recent moves9 records

Expansion highlights7 records

Emerging players

• Polymath: Polymath provides tokenization infrastructure for security tokens, historically focused on the ST-20 standard. It overlaps with BrickMark's issuance and compliance infrastructure but is less specialized in real estate specifically.
• Lofty AI: Lofty is an AI-powered fractional real estate investment platform that uses blockchain for ownership records. It targets the U.S. retail market with a similar fractional ownership model to BrickMark's investor offering.

Direct peers

• Propy: Propy is a blockchain-based real estate transaction platform offering tokenization and NFT-based property records. It is directly comparable to BrickMark as a real estate-specialized blockchain platform, with broader geographic presence in the U.S.
• Blocksquare: Blocksquare is a Slovenia-based tokenization platform purpose-built for real estate, offering white-label infrastructure for property issuers globally. It directly competes with BrickMark's BrickMark X Platform in the European vertical real estate tokenization niche.
• DigiShares: DigiShares is a white-label tokenization platform for real-world assets combining financing, corporate management, and secondary trading. While now a BrickMark partner, it operates an overlapping product and competes for the same issuer pipeline in real estate.
• RealT: RealT is a U.S.-focused real estate tokenization platform that fractionalizes individual rental properties on Ethereum for retail investors. It is one of the closest direct comparables to BrickMark's vertical real estate tokenization model, though it targets the U.S. retail market specifically.
• Tokeny: Tokeny is a leading on-chain operating system for tokenized assets using the ERC-3643 standard, part of Apex Group. Now a strategic partner of BrickMark, its infrastructure competes with and complements BrickMark's platform offering.
• Securitize: Securitize is an enterprise-grade tokenization platform offering compliant digital securities issuance across multiple asset classes including real estate. It is a direct competitor to BrickMark's tokenization-as-a-service offering, though Securitize operates more broadly than BrickMark's vertical real estate focus.
• tZERO: tZERO is a security token exchange and tokenization platform that operates an ATS for trading digital securities including real estate-backed tokens. It competes with BrickMark's distribution ambitions across secondary trading of tokenized securities.

Regional players

• Atelier Fund: Atelier is a Dubai-based real estate tokenization and asset management platform focused on luxury and high-yield property in MENA. It is a regional peer given BrickMark's MENA expansion plans via BrickMark X AG.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/brickmark
• Xx.com/BrickMarkGroup

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BrickMark