Hong Kong-headquartered digital asset custody startup First Digital Trust (FDT) on Thursday announced that it has secured $2.15 million in fresh funding led by private investors including existing investor Nogle, a Taiwanese venture studio that has backed leading tech firms like Telegram and TNG.
The latest investment will support FDT to enable its clients to accept card payments, the investee claims.
“Our mission is to open the getaway for open banking in Asia through regulated and compliant payment solutions,” said First Digital Trust CEO Vincent Chok in the statement.
FDT, a spin-off from Legacy Trust, started operations in 2017. Prior to that, in March 2020, FDT had closed a $3-million funding from Nogle with a target to launch Asia’s first Rapid Settlement and Clearing Network – an institutional-orientated trading platform enabling instant transfers across the region.
CHINA DEAL MONITOR
DealStreetAsia has also put together a table listing out all prominent venture capital transactions in the Greater China region on April 21 – 22, 2021.
