Singapore’s BetterX secures $1.72M in Pre-Series A funding to expand into Asia, the Middle East, and the US

0
965

BetterX, a Singapore-based digital asset-focused business to business (B2B) platform, has successfully closed a S$2 million ($1.72 milion) pre-Series A funding round.

The round saw participation from existing investors, including Aura Group and Tibra Co-founder Kinsey Cotton, alongside new investors such as Sydney’s Grand Prix Capital,
Singapore’s Aument Capital and angels including Sabrina Tachdjian (the Head of Fintech and Payments at HBAR Foundation) and Riaz Mehta (the Founder of Crypto Knights), BetterX said in a statement on Monday.

The new investors join existing investors Scalare Partners , Wholesale Investor, B7 Capital and the Founder of Audacy Ventures in the round.

Now profitable in its Australian operations, BetterX will use the funds to accelerate expansion into Asia and explore opportunities in the Middle East and the United States.

“We are thrilled by the strong backing from our investors, both existing and new, as we take BetterX to the next stage of growth,

“With the increasing institutional adoption of digital assets, we are committed to providing wealth managers with seamless, compliant, and institutional-grade solutions to
bridge traditional finance with the digital asset ecosystem,” said Adam Switzer, Co-Founder and Chief Executive Officer of BetterX.

BetterX is a B2B platform enabling financial advisers to securely access, trade, and manage digital assets on behalf of their clients.

Designed to meet the highest standards of security, custody, and regulatory compliance, the firm provides institutional-grade infrastructure for tokenization, trading, and portfolio management.

The firm’s platform addresses key challenges in the digital asset space, including security, asset custody, and regulatory compliance.

By providing infrastructure for tokenization, trading, and portfolio management, the firm provides a platform for financial advisers and institutions to confidently integrate digital assets into their client offerings.

With regulatory clarity improving and demand for real-world asset tokenization growing, the firm said it is well-positioned to scale its innovative solutions to new markets.

 

#DigitalAssets #Fintech #Blockchain #Investment #WealthManagement

Спонсоры
Поиск
Спонсоры
Категории
Больше
Food
Air Fryer Baked Sweet Potato
The air fryer makes quick work of baking sweet potatoes. Not only is the inside light and fluffy,...
От Recipes 2025-02-06 05:42:26 0 2Кб
Networking
Atome Financial grows credit facility to $80M with BlackRock Private Credit, InnoVen Capital funding
Atome Financial, a Singapore-based digital financial technology platform and part of Advance...
От Ifvex 2025-02-12 04:45:59 0 2Кб
Networking
Singapore’s fileAI raises $14M in Series A funding led by Illuminate Financial, Antler Elevate, Insignia, Heinemann and others
FileAI, a Singapore-based enterprise artificial intelligence (AI) startup, has on Monday...
От Ifvex 2025-02-05 08:16:56 0 2Кб
Networking
East Ventures, SV Investment announce first close of $100M Southeast Asia-South Korea investment corridor fund
East Ventures, a venture capital firm in Indonesia and Southeast Asia, and SV Investment, a...
От Ifvex 2025-02-10 17:44:24 0 2Кб
Shopping
Nokia Zenjutsu Mini vs. Realme 14x: 200MP Cameras, 12500mAh Battery!
The battle lines are drawn between the Nokia Zenjutsu Mini vs. Realme 14x, both designed for...
От Ifvex 2025-02-07 23:12:22 0 2Кб