Today iSTOX disclosed that it extended its Series A funding round with investment from the venture arm of the Japanese Investment Corporation (JIC-VGI) and the Development Bank of Japan (DBJ). Other new investors include Japan’s Juroku Bank and Mobile Internet Capital (MIC). This brings the total Series A funding to $50 million.
iSTOX’s platform is already in production, offering investments in real estate funds, hedge funds, bonds and other securities. Together with other backers and partnerships, iSTOX is positioning itself as a pan Asian digital assets provider.
Existing investors Singapore Exchange (SGX), Japan’s Tokai Tokyo Financial Holdings and Korea’s Hanwha Asset Management also upped their investment. Other existing investors are Heliconia Capital Management, a subsidiary of Singapore state-backed Temasek Holdings and Thailand’s Kiatnaking Phatra Financial Group.
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