Brix

Brix is a tokenization and distribution layer for emerging market assets, bringing high-yielding sovereign rate products in Turkish lira, Brazilian real and Egyptian pounds on-chain, deployed on MegaETH. The flagship is a lira-pegged stablecoin backed by regulated money market funds, with a yield-bearing version that moves across networks through a cross-chain protocol. The yield receipt can also collateralise dollar stablecoin loans, creating an on-chain carry trade.

It addresses high emerging market rates being open only to large institutions, since individuals face capital controls, account minimums and administrative costs. Tokenization splits those yields into transferable shares, at the cost of dependence on local currency stability and fund compliance, where depreciation can consume the rate differential. In April 2026 the lira stablecoin went live on MegaETH through a partner, and in July a lending market for the yield version opened, with the product line still rolling out.