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News by FinTech Collective Archive

iStox raises $50m in Series A funding

Sarah Wolter

January 21, 2021

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Sarah Wolter

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.”

https://techcrunch.com/2021/01/20/digital-securities-platform-istox-closes-50-million-series-a-to-make-private-equity-accessible-to-more-investors/

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