DigiFT, an exchange for tokenized assets, announced the completion of a new strategic funding round, securing $25 million led by Japan's SBI Holdings.
Funding of $25 Million for DigiFT
DigiFT has successfully completed a funding round worth $25 million, with substantial backing from entities such as SBI Holdings, Mirana Ventures, and Offchain Labs. This funding aims to strengthen tokenized products and enhance liquidity in blockchain financial services.
Support from SBI Holdings
The involvement of SBI Holdings, known for its early investments in Ripple, mirrors historical adoption patterns seen in previous funding rounds, which have often led to explosive growth and liquidity increases in tokenized finance.
Prospects for Tokenized Assets
DigiFT's funding and planned expansions align with a broader trend of increasing regulatory focus on real-world asset tokenization. Enhanced financial infrastructure and efficient liquidity solutions could attract more institutional players into the ecosystem, further driving the growth of tokenized asset markets.
DigiFT's funding underscores the growing interest of institutional investors in tokenized products and highlights the company's strengthened market position.
