ADDX, a Singapore-based trading platform for digital securities, announced a $58 million pre-Series B funding round this morning.
New shareholders in the business include SET Venture Holding, a subsidiary of the Stock Exchange of Thailand; UOB; Hamilton Lane; and Krungsri Finnovate. No valuation was disclosed.
The firm uses blockchain technology to fractionalize investments in privately held shares, hedge funds, bonds, and other asset classes.
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