PROVO, Utah — RevRoad Capital has led a $1.75 million seed round for Nomyx, a digital asset management company leveraging blockchain technology to tokenize financial assets. Initially targeted at $1.5 million, the round was oversubscribed by nearly 20%, reflecting strong investor confidence in Nomyx’s bold vision. Stellar Foundation and several angel investors also participated in the round. Beyond the seed round, Nomyx secured additional funding from Plug and Play Tech Center. Since joining the RevRoad services portfolio just four months ago, Nomyx’s valuation has increased 7.5x, solidifying its place as a key player in the fast-growing tokenization market.
Jeff Martin, managing director at RevRoad Capital, will join Nomxy’s Board of Directors. He stated, “We immediately saw the value in Nomyx’s approach to real-world asset (RWA) tokenization and identity management. Their expertise in navigating the demands of financial and cybersecurity requirements is impressive. As blockchain evolves to focus on tangible assets, Nomyx is simplifying tokenization for financial institutions, making it highly accessible. We’re excited to support them in their journey.”
Nomyx’s platform offers financial institutions a streamlined approach to tokenizing both real-world assets (RWA) and financial instruments, simplifying back-office processes while enhancing transparency. The technology offers an unmatched level of flexibility, ease of use, and efficiency—setting it apart from other tokenization engines on the market.
“The tokenization space is still emerging, and we have the unique opportunity to set the standard,” said Ubair Javaid, Founder and CEO of Nomyx. “The connections RevRoad Capital and the RevRoad services team have brought to the table are critical to scaling our business and strengthening our relationships within the financial sector. With financial and strategic backing from RevRoad Capital, Stellar, and Plug and Play, combined with hands-on support from RevRoad services, Nomyx is well-positioned to lead this transformation.”
As Nomyx expands, the fresh capital will be used to enhance its tokenization platform and further its reach within the financial industry. With a highly specialized founding team and technology designed for scalability, Nomyx is poised to redefine asset management.
RevRoad Capital looks forward to supporting Nomyx’s continued success and helping unlock new opportunities in the financial sector.
For more information, please visit RevRoadCapital.com and Nomyx.io.
For media inquiries, please contact:
Rachelle Morris
rachelle@revroadcapital.com
About RevRoad Capital
Founders drive. We help navigate. RevRoad Capital is an early-stage venture fund designed to scale founders faster and help them drive more value for customers, employees and investors. In collaboration with RevRoad, a venture services firm for early-stage companies, we combine our deep operational experience with a commitment to keeping our promises to help founders allocate capital, build high-performing teams, prevent premature scaling, and enlist the help of others to scale their businesses. We’re not just passive investors; we actively participate in the startup journey, matching our capital with expertise. Founders drive. We help navigate. Let’s scale together.
About Nomyx
Nomyx is a pioneering digital asset tokenization company leading the multi-trillion dollar transition to blockchain-based assets. Our Tokenization-as-a-Service (TaaS) platform empowers mid-market asset managers with a no-code solution to issue, track, and manage diverse digital assets. By simplifying blockchain complexities, Nomyx accelerates settlement times from days to seconds, expands investor pools, boosts liquidity, and significantly reduces transaction costs. Backed by trusted partners and a skilled founding team, Nomyx is driving transformation in the global financial ecosystem.