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£1.9M
The pre-seed round was backed by venture studio EmergentX and angel investors to support the development of tokenised asset products.
"High-value assets, or 'passion assets,' attract mature investors for their stable growth and benefit as a hedge against market volatility. The problem is that investing in these assets often requires a special relationship and involves lengthy, inefficient processes. Savea’s blockchain-based infrastructure allows investment in an ERC-20 token, backed 100% by physical assets held in reserve, resulting in a highly liquid and scalable alternative to traditional asset ownership."