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dltlegers raises USD 7 mln in Series A funding round

Monday 29 March 2021 10:25 CET | News

dltledgers, a Singapore-based blockchain platform for cross-border trade, trade finance, and supply chain digitisation, has raised USD 7 million during a Series A funding round.

The fundraising round was led by Regis and Savoy Capital, Vittal, Walden International and other investors.

With the funding, dltledgers has commenced expanding its team by 120% across Asia Pacific, ANZ, Japan, India, and Middle East.

The company will also migrate its blockchain-based solutions from Hyperledger Fabric to Corda, R3’s flagship enterprise blockchain platform.


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Keywords: blockchain, funding, trade finance
Categories: DeFi & Crypto & Web3
Companies:
Countries: Singapore
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DeFi & Crypto & Web3






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