InvestaX raises from Coinbase to further grow MAS-regulated digital securities platform

Rick Steves

Alternative investments under management (AUM) across all asset classes for the period ending 2021 was US$13.3tn, according to a Prequin report. AUM growth is expected to reach US$23tn by 2026.

InvestaX has announced big names within the digital asset industry as new strategic investors, including Coinbase Ventures, Gate Ventures, Token Bay Capital, Sustainability Exchange Group (SEG), Global Blockchain Ventures, Startup-O, JST Capital, Baksh Capital, Thakral Corporation Ltd, Woodside Holdings Investment Management, and Balaji Srinivasan.

The abovementioned investors have joined the Singapore-based startup’s Series A round as the MAS (Monetary Authority of Singapore) licensed digital securities platform funds its ambitious growth plan.

Private capital markets in CeFi and DeFi

Julian Kwan, CEO and co-founder, commented: “We are excited to have a diverse strategic LP base join our latest funding round, which also proves that digital securities/security tokens are penetrating both sides of the crypto and capital markets. This is a testament to the team and our strategy and signals the convergence of digital assets, digital securities and security tokens, as well as new token assets including NFTs. InvestaX is built with an open architecture and believes in the power of a decentralized world of assets, this latest funding round further demonstrates our commitment to this and to collaborating with the leading companies across different segments of the industry.”

InvestaX builds key infrastructure connecting Centralized Finance (CeFi) and Decentralized Finance (DeFi) so you can buy, sell, trade, borrow or lend your private market assets, instantly, 24×7, across the world.

The firm was founded in 2015 and offers end-to-end solutions for the issuance, trading and custody of digital securities for private market assets.

The MAS licensed digital securities platform uses blockchain technologies to develop investment vehicles reducing costs, removing friction, increasing transparency and delivering secondary market trading in private capital markets.

InvestaX argues that there has been a lack of innovation in the private markets up until now as investments stand to be completely disrupted by the implementation of blockchain technologies and their interaction with digital assets.

According to industry data provider Preqin, alternative investments under management (AUM) across all asset classes for the period ending 2021 was US$13.3tn. AUM growth is expected to reach US$23tn by 2026.

Singapore is one of the world’s leading hubs in crypto and has recently welcomed Paxos with an in-principle approval from the Monetary Authority of Singapore (MAS) to operate digital payments token services under the Payment Services Act 2019.

This is a major milestone for Paxos as it is likely to become one of the first blockchain services providers to meet the highest standard of regulation in both New York and Singapore.

MAS introduced the Payments Services Act as a framework for financial services companies to safely expand into the digital asset ecosystem, and with its Major Payments Institution License,

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