ADDX Digital Securities Exchange Raises $58M

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Singapore-based digital securities trading platform ADDX has raised $58 million in a pre-Series B funding round.

Investors include SET Venture Holding, United Overseas Bank, Hamilton Lane and others.

The company has said the funds will be used to expand the company’s geography and its further development.

The platform has raised a total of about $120 million.

Telecommunications giant Singtel has previously issued $100 million worth of tokenized bonds on ADDX.

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