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The DEX and tokenization platform Syntetika has completed a $2.5 million seed funding round.
PANews, July 23 - According to the official blog, digital asset investment company Hilbert Group AB (Nasdaq: HILB B) announced that its tokenization platform and decentralized exchange Syntetika has completed a $2.5 million seed round financing. This round of financing attracted participation from over 35 angel investors and venture capital firms, including Hilbert Group's Chief Investment Officer Russell Thompson and former Aave and Allez Labs co-founder and venture capitalist Alex Berto. Syntetika aims to simplify the issuance, trading, and management processes of various on-chain assets for individuals and institutions. The platform's first product will launch a tokenized version of the Hilbert Group Bitcoin yield strategy, allowing investors to gain additional returns from their Bitcoin holdings.