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Singapore based digital securities platform raised $50m in Series A funding from Development Bank of Japan, JIC Venture Growth Investments, Juroku Bank, Mobile Internet Capital, Singapore Exchange, Tokai Tokyo Financial Holdings and Hanwha Asset Management.
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In a press statement, iSTOX chief commercial officer Oi Yee Choo said, “Capital markets are transforming rapidly because of advancements in technology. The regulator MAS and our institutional investors have been far-sighted and progressive, and they support the change wholeheartedly.”
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