Tokenize Xchange raised $15.4 million in a Series A, Phase 2 funding led by Trive to expand the Singapore team and enhance compliance and operations.

Tokenize Xchange raised $15.4 million in a Series A, Phase 2 funding led by Trive to expand the Singapore team and enhance compliance and operations.

03/18/24, 9:04 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/SG.svgsingapore
Money raised
$15.4 million
Industry
financial services
cryptocurrency
blockchain
Round Type
series a
Investors
Other High Net Worth Individuals, Trive
Tokenize Xchange, a Singapore-headquartered cryptocurrency exchange, announced the completion of its Series A, Phase 2 funding, raising a total of $15.4 million led by local venture capitalist firm Trive and other high-net-worth individuals. The funding will be used to quintuple its Singapore team from 20 to 100 staff in the next 18 months, with a focus on enhancing compliance and operations to adapt to complex regulatory frameworks across South-east Asia.

Company Info

Company
Tokenize Xchange
Location
singapore, southeast asia, singapore
Additional Info
Tokenize Xchange is a Singapore-headquartered cryptocurrency exchange with operations in key Asian markets including Singapore, Malaysia, and Vietnam, serving both individual and institutional investors.

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