The non-custodial digital asset investment management platform ML Tech has completed a $1.9 million strategic financing round, with participation from Nascent and others

2022-12-21 09:56:39

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ChainCatcher news, the non-custodial digital asset investment management platform ML Tech has completed a $1.9 million strategic financing round, with participation from Belvedere Strategic Capital, Hyperithm, and Nascent. ML Tech plans to use the new funds to enhance its infrastructure and for customer acquisition, growth, and marketing. Previously, in August 2021, ML Tech completed a $1.75 million seed round led by West Loop Ventures.

It is reported that ML Tech, headquartered in Miami, USA, was founded in May 2020 and primarily provides automated crypto trading strategies for institutional investors, offering complete ownership and control to investors through its separately managed accounts (SMA) approach. As of December 2022, AUM increased from $5 million in June 2022 to $45 million. (source link)

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ML Tech investment and financing

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