FinFabrik, a Hong Kong-based fintech startup focused on issuance, market making, and trading of digital assets has raised an undisclosed amount in seed funding.
BitMEX Ventures, the investment arm of Seychelles-based HDR Global Trading Ltd., is the lead investor.
FinFabrik allows business owners to digitise and fractionalise their tangible and intangible assets, raise capital, and reach investors via the company’s proprietary blockchain and machine learning technologies.
Alex Medana, FinFabrik Co-founder and CEO, said:
“The successful closing of our seed round is a major milestone for FinFabrik. With this vote of confidence and continued support from our key partner BitMEX Ventures, we are now markedly closer to realising our vision of making investment opportunities broadly available for everyone.”
The latest investment round will allow FinFabrik to expand its product offerings based on digital assets, in an ongoing bid to enable institutional players and asset owners to run their businesses.