Digital securities platform iSTOX is rebranding itself as ADDX following significant developments for the company in 2021.
One such development was in January, where the company closed its Series A funding round with US$50 million raised, as new Japan government-backed investors took a stake in the company, including JIC Venture Growth Investments and the Development Bank of Japan.
The rebranding comes as the company seeks to enter a phase of fast-paced growth. According to the company, it will facilitate at least 20 issuance deals this year, more than double the number of deals completed in 2020.
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