SINGAPORE, March 18, 2022–(COMMERCIAL WIRE)–InvestaXa leading digital securities platform authorized by MAS (Monetary Authority of Singapore), today announces that new strategic investors, including Coinbase Ventures, Gate Ventures, Token Bay Capital, Sustainability Exchange Group (SEG), Global Blockchain Ventures, startup O, JST Capital, Baksh Capital, Thakral Corporation Ltd, Woodside Holdings Investment Management and Balaji Srinivasan to participate in its Series A funding round.
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InvestaX Digital Securities Platform (Graphic: Business Wire)
Any significant expansion of public markets can be traced back to the introduction of new technologies, but until now there has been a lack of innovation in private markets. Investment in the private market is about to be completely disrupted by the implementation of blockchain technologies and their interaction with digital assets.
According to industry data provider Pregin, alternative investments under management (AUM) across all asset classes for the period to the end of 2021 was $13.3 trillion. That number is expected to grow to $23 trillion by 2026.
CEO and co-founder Julian Kwan states: “We are delighted that a diverse base of LP strategic investors have joined our recent funding round. This also illustrates that digital securities or security tokens are now entering both sides of the crypto and capital markets. This is thanks to the good work of our team and our strategy, and signals the convergence of digital assets, digital securities, and security tokens, as well as new token assets, such as NFTs. InvestaX was built on an open architecture and believes in the power of a decentralized world of assets. This latest round of funding also demonstrates our commitment to the world and to partnering with leaders in various industry segments.”
InvestaX is building critical infrastructure to connect centralized finance (CeFi) and decentralized finance (DeFi) so that private market assets can be bought, sold, traded, borrowed or lent instantly 24/7 of the week, anywhere in the world.
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InvestaX in 120 seconds
Founded in 2015, InvestaX is a MAS-licensed digital securities trading platform and offers comprehensive digital securities issuance, trading and custody solutions for private market assets. InvestaX leverages blockchain technologies to create technology-leading investment vehicles that lower costs, smooth friction, increase transparency and enable secondary trading in private capital markets.
InvestaX also hosts the only IBF accreditation course on blockchain and capital markets.
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