Hamilton Raises $1.7M To Tokenize Real-World Assets Onto Bitcoin
Hamiltona protocol specializing in the tokenization of real-world assets (RWA) of Bitcoin has raised $1.7 million in pre-funding.
It’s probably no coincidence that it’s being announced on Donald Trump’s inauguration day in the US, where a shift from an anti-crypto administration to one expected to be more sympathetic is taking place.
Hamilton, whose imagery includes laser eyes coming out of Andrew Hamilton’s face, brings traditional finance to bitcoin, making real-world assets such as fixed income, funds and real estate available to institutions and individuals around the world.
Led by DisrupTech Venturesthe deal included participation from investors CMS, DeSpread, Hyperithm, Core Ventures and other strategic investors.
The protocol is co-founded by Mohammed Elcastawi and Ehab Zaglulwho together bring more than a decade of experience building blockchain-integrated fintech platforms for emerging markets. Hamilton leverages Bitcoin’s unparalleled security and decentralization to tokenize real-world assets. With the RWA market expected to reach $30 trillion by 2030, Hamilton is building a protocol to make financial products more accessible and inclusive globally, starting with emerging markets.
“Bitcoin is not just digital gold. This is the foundational layer for the future of global finance,” said Elkastawi, CEO of Hamilton, in a statement. “By building the most trusted ledger with 99.99% uptime for nearly 15 years, we’re bridging traditional finance with Bitcoin, democratizing access to capital markets for anyone, anywhere.”
Hamilton’s solutions address systemic barriers to financial access by offering low-cost, stable financial products in emerging markets, where currency devaluation and economic instability often limit opportunities for growth and financial security.
Hamilton is launching three flagship offerings: HUSD, the first natural Bitcoin stablecoin backed by US Treasury bills; HUST, US Treasury Tokenized Bonds; and Publius, a platform that enables financial institutions to tokenize any asset into Bitcoin, ensuring a secure deployment on the world’s most decentralized network. These offerings provide institutions and individuals with seamless access to the capital markets.
The company said that the protocol’s opening transactioncompleted on July 4, 2024, marked an important milestone by tokenizing US Treasury Bills in Bitcoin layer 2 Stacks, Core and BoB solutions. The timing, coinciding with America’s Independence Day, reflects Hamilton’s vision to advance financial independence and innovation through decentralized finance (DeFi).
“Investments in gold, Treasury bills and fixed income products have traditionally been exclusive to individuals and institutions with millions of capital. Hamilton breaks down these barriers through tokenization, allowing anyone, anywhere in the world, to participate in these institutional investments with just one dollar,” Malek Sultan, co-founder and partner at DisrupTech Ventures, said in a statement.
Focused on emerging markets in Latin America, Africa and Southeast Asia, Hamilton bridges traditional finance with blockchain innovation, offering institutional-grade investment opportunities through its flagship products.
Kastawi has a bachelor’s degree in engineering management, while Zaghloul has a Ph.D. in Computer Engineering from Michigan State University, specializing in blockchain security and cryptography.
Legal disclaimer: That company said their press release is for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any securities.
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