Tired of ads? Enjoy an ad-free experience by signing up.
Miguel Cordon · · 1 min read

Singapore DEX secures $10.5m in pre-series A money

DigiFT is a Singapore-based decentralized digital asset exchange for asset-backed tokens. The exchange is enrolled in Monetary Authority of Singapore’s Fintech Regulatory Sandbox and plans to apply for licenses in Asia, Europe, and the Middle East.

Funding details

  • Funding amount: US$10,500,000
  • Lead investor: Shanda Group
  • Stage: Pre-series A
  • Source

More details

DigiFT

The company was founded in 2020 by Henry Zhang and Wanli Li.

Stage Amount (US$) Investors
Pre-series A 10.5 million Shanda Group
Total 10.5 million

See also: Why are Sega, Bandai, Square Enix backing this blockchain?

Editing by Dhania Putri Sarahtika

(And yes, we’re serious about ethics and transparency. More information here.)

Stay ahead in Asia’s tech landscape

You've reached your 2 free content limit for the month. Sign up for free to read the full story.

🏄 For casual readers / 👶 Free

Basic

US$0

Free forever

Get instant access to this article and more every month

0 premium content

Unlimited news briefs

5

5 articles

Ad-free reading experience

Just US$0 per day

⌛Sign up in 20s. No payment details needed.

📖 For learners / 👍 Starter

Lite

US$4.92/month

Billed annually at US$59/year

Get instant access to this article and more every month

4

4 premium content

Unlimited news briefs & articles

Ad-free reading experience

Just US$0.17 per day

Cancel anytime

Our subscriber community includes professionals from these companies:

Stay updated on the go with our mobile app.

Get latest insights with smoother, more personalized experience through TIA mobile app.

TIA Writer

Miguel Cordon

Finally updated my bio.