DigiFT Secures $11M in Funding Led by SBI Holdings

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Key Takeaways:
  • SBI Holdings leads $11 million funding for DigiFT expansion.
  • Focus on tokenization products and compliance infrastructure.
  • Increased institutional confidence in blockchain-based RWAs.
DigiFT Secures $11 Million Funding Led by SBI Holdings

DigiFT, an on-chain real-world asset exchange, has raised $11 million in a funding round led by SBI Holdings, totaling $25 million, to boost its RWA tokenization services.

The funding highlights increasing institutional trust in blockchain-asset integration, emphasizing compliance enhancement and supporting traditional finance’s expansion into on-chain asset markets.

DigiFT, an on-chain real-world asset exchange, has obtained $11 million in fresh funding led by SBI Holdings. This new round brings DigiFT’s total funding to $25 million, underscoring institutional interest in its innovative technology.

SBI Holdings, Japan’s largest financial conglomerate, spearheaded the round, with notable participation from Mirana Ventures and Polygon Labs. DigiFT’s focus is on tokenization products and enhancing compliance infrastructure in line with regulatory standards.

The funding will allow DigiFT to bolster its offerings in tokenization and expand its institutional-grade RWAs. Industry experts say this reflects growing confidence in blockchain-powered real-world assets as a viable market segment for the future.

The infusion of capital is likely to expand DigiFT’s market reach in sectors such as equities and private credit. It signifies a shift towards greater blockchain integration in traditional financial systems, driven by institutional demand.

Core strategies include developing products for equities, fixed income, and private credit. Experts predict further institutional adoption of blockchain technology, enhancing secondary market liquidity and creating new avenues for investment.

This funding, reflecting historical trends, underscores the potential for increased market activity and innovation in regulated exchanges.

“This investment signifies our confidence in DigiFT’s vision to bridge traditional and digital asset markets, ensuring compliance and institutional readiness.” — Masahiro Kato, CEO, SBI Holdings

Enhanced compliance and on-chain solutions could reshape the landscape for blockchain-based financial products.

Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

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