Hamiltona protocol that specializes in tokenizing real-world assets (RWA) in Bitcoin, has raised a $1.7 million pre-seed funding round.

Perhaps it is no accident that it was announced on the day of the inauguration of Donald Trump in the US, where there is a transition taking place from an anti-crypto administration to one that is expected to be more sympathetic.

Hamilton, whose images include laser eyes coming out of Andrew Hamilton’s face, brings traditional finance to Bitcoin, which creates tokenized real-world assets, such as fixed income, funds, and real estate, accessible to institutions and individuals worldwide.

Led by DisrupTech Venturesthe deal includes participation from investors CMS, DeSpread, Hyperithm, Core Ventures, and other strategic investors.

The protocol was established with Mohamed Elkastawi and Ehab Zaghloulwho together bring over a decade of experience in 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 around the world, starting with new markets.

“Bitcoin is not just digital gold. It is the foundation layer for the future of global finance,” said Elkastawi, CEO of Hamilton, in a statement. “By building the most reliable ledger with 99.99% Time after time for almost 15 years, we have combined traditional finance with Bitcoin, democratizing access to capital markets for everyone, everywhere.”

Hamilton’s solutions address systemic barriers to access to finance by offering low-cost, robust financial products in emerging markets, where liquidity and instability in the economy often limits opportunities for growth and financial security.

Hamilton launched three flagship offerings: HUSD, Bitcoin’s first native stablecoin backed by US Treasury bills; HUST, tokenized US Treasuries; and Publius, a platform that empowers financial institutions to tokenize any Bitcoin asset, ensuring safe placement in the world’s most decentralized network. These offers provide institutions and individuals with smooth access to the capital markets.

The company said that the inaugural protocol transactioncompleted on July 4, 2024, marking a significant milestone by tokenizing US Treasury bills on Bitcoin Layer 2 solutions Stacks, Core, and BoB. The timing, coinciding with America’s Independence Day, reflects Hamilton’s vision to promote financial freedom 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, who can participate in these institutional-grade investments with just one dollar,” said Malek Sultan, cofounder and partner of DisrupTech Ventures, in a statement.

Focused on emerging markets across Latin America, Africa, and Southeast Asia, Hamilton bridges traditional finance with blockchain innovation, offering institutional-level investment opportunities through its main product.

Kasstawi has a BS in engineering management, while Zaghloul has a Ph.D. in computer engineering from Michigan State University specializing in blockchain security and cryptography.

Legal Disclaimer: This company states that their press release is for informational purposes only and is not an offer to sell or a solicitation of an offer to buy any securities.

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