Hamilton has raised $1.7M to showcase the world’s real wealth of Bitcoin

Hamiltonan initiative that works on tokenizing real-world assets (RWA) on Bitcoin, has raised $1.7 million in pre-seed funding.

Perhaps it’s no surprise that it’s being announced on the day of Donald Trump’s inauguration in the US, where there’s a shift taking place from an anti-crypto administration to one that’s expected to be philanthropic.

Hamilton, whose photos include laser eyes that come from the face of Andrew Hamilton, brings traditional money to Bitcoin, which creates real global assets, such as fixed income, money, and land, which are accessible to organizations and people around the world.

Under the direction of Concept of the company DisruptTech Venturesthe partnership included the participation of CMS investors, DeSpread, Hyperithm, Core Ventures, and other investors.

The protocol was established by Mohamed Elkastawi and Ehab Zaghloulwho together bring a decade of building blockchain-integrated fintech platforms for emerging markets. Hamilton supports the unparalleled security of Bitcoin and their decentralization to reflect real wealth in the world. With the RWA market expected to reach $30 trillion by 2030, Hamilton is paving the way for financial products to be accessible and integrated globally, starting with emerging markets.

“Bitcoin is not just digital gold. It is the foundation of the future of the world’s economy,” said Elkastawi, CEO of Hamilton, in a statement. “By building on a highly reliable ledger with a 99.99% uptime of nearly 15 years, we are merging traditional currencies with Bitcoin, democratizing access to capital markets for anyone, anywhere.”

Hamilton Solutions addresses the barriers to access to capital by providing low-cost, stable financial products in emerging markets, where low liquidity and financial instability often limit opportunities for growth and financial security.

Hamilton is launching three flagship offerings: HUSD, the first native stablecoin on Bitcoin backed by US Treasury funds; HUST, tokenized US Treasuries; and Publius, a platform that empowers financial institutions to display every asset on Bitcoin, ensuring that it is securely stored on the global network. These offerings provide organizations and individuals with access to capital markets.

The company said protocol implementationcompleted on July 4, 2024, it became important to show US Treasury bills on Bitcoin Layer 2 solutions Stacks, Core, and BoB. The occasion, which coincides with America’s Independence Day, highlights Hamilton’s vision of advancing financial independence and innovation through decentralized finance (DeFi).

“Gold, Treasury bills, and other fixed-income securities have always been reserved for high-net-worth individuals and organizations. Hamilton is breaking down these barriers through tokenization, giving anyone, anywhere in the world, access to campus finance and just one dollar,” said Malek Sultan, co-founder and partner of DisrupTech Ventures, in a statement.

With a focus on emerging markets in Latin America, Africa, and Southeast Asia, Hamilton combines traditional finance with blockchain technology, providing access to capital for organizations through its core products.

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

Legal Disclaimer: The company said its press release is for informational purposes only and does not constitute a sale or solicitation of any confidential information.