On February 28th, DigiFT, a decentralized digital asset exchange focusing on asset-backed tokens (STO), announced the successful completion of the Pre-A round of financing of US$10.5 million.
This round of financing was led by Shanda Group, with HashKeyCapital, HashGlobal, XinEnterprise Pte.Ltd. and Beituo Capital participating.
It is reported that DigiFT was founded in 2020 by Zhang Zhihao, former CEO of East West Bank Greater China, vice president of Citibank and Standard Chartered Bank China,
DigiFT provides regulatory-compliant decentralized financial solutions on the Ethereum public chain, deploys an automatic market maker (AMM) mechanism, and promotes the secondary market transaction liquidity of security tokens backed by financial assets such as bonds and equities .
