IKADO has completed a $5 million financing round to advance its RWA NFT infrastructure deployment

BlockBeats News, May 2nd, IKADO recently announced the completion of a $5 million financing round, led by 1A1Z Capital, with participation from AC Capital, Mason Labs, and other institutions. This funding round will be used for platform infrastructure development, custody system enhancement, global market expansion, as well as the purchase, custody, and authentication system development for real-world trading cards.

According to the introduction, IKADO focuses on the integration of RWA (Real World Assets) and NFTs. By mapping offline collectible trading cards 1:1 to the blockchain, IKADO achieves the binding of NFTs with physical assets, supporting on-chain transactions and physical redemption. The related NFTs are issued by IKADO in collaboration with a leading Japanese secondary card trading company, with all corresponding physical cards uniformly held by the platform to enhance asset transparency and credibility.