Singapore digital asset startup BetterX has completed approximately $1.7 million in Pre-Series A funding.

PANews March 31 news, according to Crowdfundinsider, Singapore-based digital asset infrastructure provider BetterX announced the completion of a S$2.3 million (approximately US$1.7 million) Pre-Series A funding round to support its expansion in Asia, the Middle East, and the United States. This round of financing attracted new investors, including Grand Prix Capital, Aument Capital, and angel investors such as Sabrina Tachdjian from the HBAR Foundation and Riaz Mehta from Crypto Knights. Existing supporters, including Aura Group and Tibra co-founder Kinsey Cotton, also participated in this round of financing. Previous investors Scalare Partners, Wholesale Investor, B7 Capital, and founders from Audacy Ventures also participated in this round of financing. According to reports, BetterX was established in Singapore to provide institutional-grade infrastructure for the tokenization, trading, and portfolio management of digital assets. The company aims to offer compliant and scalable solutions for financial institutions, including wealth managers and licensed intermediaries. The company's platform supports the issuance and management of tokenized financial products, digital asset trading infrastructure, and custody solutions.