PANews reported on March 31 that according to Crowdfundinsider, Singapore-based digital asset infrastructure provider BetterX announced the completion of a 2.3 million Singapore dollar (approximately 1.7 million USD) Pre-Series A funding round to support its expansion in Asia, the Middle East, and the United States. This round of financing attracted new investors, including Grand Prix Capital, Aument Capital, and angel investors such as Sabrina Tachdjian from the HBAR Foundation and Riaz Mehta from Crypto Knights. Existing supporters, including Kinsey Cotton, co-founder of Aura Group and Tibra, also participated in this funding round. Previous investors Scalare Partners, Wholesale Investor, B7 Capital, and founders of Audacy Ventures also joined this round of financing.
According to the introduction, BetterX, established in Singapore, provides institutional-grade infrastructure for tokenization, trading, and portfolio management of digital assets. The company aims to provide compliant and scalable solutions for financial institutions, including wealth managers and licensed intermediaries. The company's platform supports the issuance and management of tokenized financial products, digital asset trading infrastructure, and custody solutions.
