HashPort, a Tokyo, Japan-based blockchain solutions developer, raised about $8.5m in Series C funding.
The round, which reportedly brought total funding to$14.2m, was led by Sumitomo Mitsui Banking Corporation, The University of Tokyo Edge Capital Partners and Yusaku Maezawa.
The company intends to use the funds to create a compliance management system and hire new people.
Led by Seihaku Yoshida, president, HashPort is a business as a solution provider that supports the social application of blockchain with the mission of “digitizing all assets”. The company provides new cryptocurrency listing-related services and consulting services to many companies in Japan, including cryptocurrency exchange companies, and accelerator programs to support the growth of overseas blockchain projects in Japan.
FinSMEs