Brix raised $5.5 million to expand its plan to tokenize emerging-market assets on MegaETH, adding that its focus includes emerging-market credit strategies and yield products it describes as institutional-grade. The startup said these products are intended to trade like altcoins while carrying additional credit risk. Existing disclosed backers include Circle Ventures, ConsenSys, Yapi Kredi’s venture unit, FRWRD, Is Asset Management, and Borderless Capital. The company has also said it plans to bring strategies such as Turkish lira arbitrage onchain.