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Axiology's DLT securities trading platform lands €2M investment

Feb 09, 2024almost 2 years ago

Amount Raised

€2 Million

Round Type

seed

VilniusInformation Technology

Investors

Coinvest CapitalBaltic Sandbox Ventures

Description

Axiology has secured a €2 million investment round co-led by Baltic Sandbox Ventures and Coinvest Capital, along with accredited business angels and angel syndicates. The funding will support Axiology's plan to apply for the DLT Transaction Settlement System (DLT-TSS) operator license and commence regulated activities in the second half of 2024.

Company Information

Company

Axiology

Location

Vilnius, Vilnius County, Lithuania

About

Axiology – A tokenized securities depository (TSD), based on distributed ledger technology (DLT). The new foundation layer for tokenised sustainable securities. A new era of securities depositories is emerging, one that is built on blockchain technology and promises to be more transparent, secure and efficient than traditional systems. AXIOLOGY is leading the charge with its decentralized central securities depository network, which runs on corporate distributed ledger technology. This innovative framework will make it easier than ever for businesses to issue, deposit and account for tokenized sustainable financial instruments – securities, tokenized offerings, ESG derivatives and more.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers