Details

Last Funding Type

Seed

Last Funding Money Raised

$0.91M

Industries

Blockchain,E-Commerce Platforms,Legal,Sustainability

Founded date

Aug 4, 2017

Number Of Employee

11 - 50

Operating Status

Active

Legal Name

MTRM Industries Ltd

Mattereum’s solution, which is live today, provides a trust layer that enriches asset data and handles dispute resolution, so that any physical good can be securely traded on-chain without the need for counterparty trust between buyer and seller.

Our core innovation building block, the Mattereum Asset Passport does this by eliminating information asymmetry between buyers and sellers. It precisely specifies the value-defining attributes of an asset as a series of warranted claims, where either the vendor or a third party can act as a warrantor, with a rock-solid binding between on-chain transactions and legal dispute resolution mechanism.

We already have a growing pipeline of clients and lighthouse customers including gold mints, art dealers, collectible sellers and wine merchants, for whom we have completed real-world sales of high value objects.

We are looking to scale our sales rapidly to address $BNs of physicals across multiple asset classes and use the knowledge graph across our asset passports to build out a powerful exchange platform with revolutionary new liquidity-enhancing functionality. From this foundation we aim to enable secondary markets to function hyper efficiently and sustainability to be accurately priced into assets, tilting manufacturing towards a circular economy, ultimately providing circularity-as-a-service to our clients.