BetterX, a digital asset-focused B2B platform, has raised S$2 million (US$1.5 million) in a pre-series A funding round.

The funding round included existing investors Aura Group and Kinsey Cotton, co-founder of Tibra, along with new participants such as Grand Prix Capital from Sydney, Aument Capital from Singapore, and angel investors Sabrina Tachdjian from HBAR Foundation and Riaz Mehta from Crypto Knights.

Additional support came from existing backers including Scalare Partners, Wholesale Investor, B7 Capital, and the founder of Audacy Ventures.

BetterX, which reportedly achieves profitability in its Australian operations, plans to use the new funds for expansion in Asia.

The company is also exploring markets in the Middle East and the United States.

The company offers solutions for security, custody, and compliance related to digital assets.