BlockApps, Inc.

BlockApps, Inc. is a technology firm that offers innovative solutions for managing Real-World Assets (RWAs) through its specialized blockchain platform. BlockApps, Inc. operates in the blockchain space, providing a platform for asset management that enhances transparency and efficiency.

Founded in 2015, the company is headquartered in Brooklyn, US. The founders, Kieren James-Lubin and Victor Wong, have experience in technology and entrepreneurship. In April 2022, BlockApps raised USD 41 mn in Series A funding led by Liberty City Ventures, with contributions from several other investors. This funding round marked the company's second deal, and it has raised a total of USD 41 mn to date, with a current valuation of USD 132.

11 mn. BlockApps specializes in providing a robust platform for managing Real-World Assets (RWAs) through its flagship products, STRATO and Mercata. STRATO serves as a comprehensive blockchain infrastructure for developing decentralized applications, while Mercata focuses on asset trading and management. These solutions target industries such as real estate, agriculture, and supply chain logistics, serving clients including enterprises and asset managers across North America and Europe.

BlockApps generates revenue primarily through subscription-based models and partnerships, allowing clients to access the STRATO and Mercata platforms. The transaction structure involves fees for services such as token issuance and asset trading, tailored to accommodate various business sizes and needs. The specific pricing details remain undisclosed, but the model aligns with the digital asset management trend. Following its recent Series A funding of USD 41 mn in April 2022, BlockApps aims to strengthen its position in the Web3Commerce for Business sector.

The company plans to leverage this funding to enhance its platform for managing physical assets within industrial enterprises. Additionally, BlockApps is looking to expand its presence in new markets, although specific regions and timelines for this expansion have not been mentioned.