Singapore digital asset startup BetterX has completed a $1.7 million Pre-A round of financing, with participation from Tibra co-founders and others

2025-03-23 12:00:26

Collection

ChainCatcher news, according to CrowFund Insider, Singapore-based digital asset infrastructure provider BetterX has completed a Pre-A round financing of 2.3 million SGD (approximately 1.7 million USD). This round of financing will be used to support its business expansion in Asia, the Middle East, and the United States.

New investors include Grand Prix Capital, Aument Capital, and notable angel investors such as Sabrina Tachdjian from HBAR Foundation and Riaz Mehta from Crypto Knights. Existing investors Aura Group and Tibra co-founder Kinsey Cotton continue to participate in the funding.

BetterX provides institutional-grade infrastructure for tokenization, trading, and digital asset portfolio management for financial institutions. The company has achieved profitability in the Australian market, and its platform supports the issuance and management of tokenized financial products, digital asset trading infrastructure, and custody solutions.

The company stated that the new funding will be used to accelerate growth strategies in key markets, establish strategic partnerships, and enhance its technology stack to meet the growing regulatory requirements and customer demands.

(Source Link)

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.