According to CrowFund Insider, BetterX, a digital asset infrastructure provider in Singapore, has completed a Pre-A round of financing worth 2.3 million Singapore dollars (approximately 1.7 million USD). This round of financing will be used to support the company's business expansion in Asia, the Middle East, and the United States.

New investors include Grand Prix Capital, Aument Capital, Sabrina Tachdjian from HBAR Foundation, Riaz Mehta from Crypto Knights, and other notable angel investors. Existing investors such as Aura Group and Kinsey Cotton, co-founder of Tibra, continue to follow up with investments.

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 financing will be used to accelerate growth strategies in key markets, establish strategic partnerships, and strengthen its technology stack to meet growing regulatory requirements and customer demands.