InvestaX, a Singapore-based digital securities platform provider, raised a Series A funding.
The amount of the deal remained undisclosed.
The round was led by Coinbase Ventures, Gate Ventures, Token Bay Capital, Sustainability Exchange Group, Global Blockchain Ventures, Startup-O, JST Capital, Baksh Capital, Thakral Corporation Ltd, Woodside Holdings Investment Management, and Balaji Srinivasan.
The company intends to use the funds to expand operations and its business reach.
Led by CEO Julian Kwan, InvestaX is a MAS (Monetary Authority of Singapore) licensed digital securities platform offering end-to-end solutions for the issuance, trading and custody of digital securities for private market assets. The company uses blockchain technologies to develop technology-driven investment vehicles reducing costs, increasing transparency and delivering secondary market trading in private capital markets.