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iStox: Singapore-based digital asset trading and custody startup, raises $5 million ahead of live launch
- Funding led by South Korea’s Hanwha Asset Management
- Latest investment also follows similar partnerships with Kiatnakin Phatra Financial Group and Tokai Tokyo Financial Holdings
- The company currently enrolled in the Monetary Authority of Singapore (MAS) FinTech Regulatory Sandbox
- It also expects to graduate and go live within the next three months
- Istox also claims to be first regulated capital markets platform in any major financial center to support the one-stop issuance, custody and trading of digitised securities
