xalts Raises USD6M in Funding
- xalts, an investment management and technology firm, raised $6m in funding
- Backers included Accel, Citi Ventures (Citi’s venture capital investing group) and crypto luminaries such as Polygon co-founder Sandeep Nailwal and other hedge fund managers
- The company is an investment management and technology firm focused on driving real-money institutional participation in the digital asset ecosystem
- The company is expected to launch multiple fund products linked to digital assets, including mutual funds and ETFs listed on several global exchanges
- The company is also leveraging its technology platform to partner with several asset management firms and staking infrastructure providers to jointly launch and manage mutual funds and ETFs
