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iStox: Raises $5 million ahead of live launch

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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

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