Digital Securities Trading Platform ADDX Attracts $58M

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Singaporean digital securities exchange platform ADDX has raised $58 million in a pre-Series B funding round.

According to the company, investors participating in the funding round include United Overseas Bank, SET Venture Holding, Hamilton Lane and others.

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 to date.

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