Digital asset investment firm Hivemind Digital Group has raised $17 million in strategic funding, according to PR Newswire. The round was led by M&G Investments, a UK asset manager. Other participants included CPIC Investment Management (Hong Kong), ZA Bank, FalconX and Sonic Boom Ventures. The company said the capital will be used to build asset tokenization infrastructure and to explore blockchain applications in the management, issuance and trading of traditional financial assets.
Digital asset investment firm Hivemind Digital Group has raised $17 million in strategic funding, according to PR Newswire.
The round was led by M&G Investments, a UK asset manager. Other participants included CPIC Investment Management (Hong Kong), ZA Bank, FalconX and Sonic Boom Ventures.
Hivemind Digital Group said the money will go toward asset tokenization infrastructure and work on blockchain use cases in the management, issuance and trading of traditional financial assets.
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