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What is a BRIC?

What happens to real-world assets after being fractionalized and tokenized on the blockchain? They became BRICs.

A BRIC is a digital token that represents a part or a fraction of the underlying real-world asset you invested in.

The concept is based on fractional investing, where the investor can purchase just a fraction or part of a tokenised asset rather than one whole.
Likwid Asset uses the Avalanche blockchain to issue digital asset tokens (BRIC) that represent ownership of real-life assets like property and solar projects. This blockchain-based token issuance enables fractional ownership, allowing both institutional and individual investors to own fractions of real-world assets all around the globe.