Home News Startups, Entrepreneurs, Digital economy

Heliconia-backed XM Studios raises $4.5 mil through tokenised offering on ADDX

Atiqah Mokhtar
Atiqah Mokhtar9/9/2021 10:0 AM GMT+08  • 4 min read
 Heliconia-backed XM Studios raises $4.5 mil through tokenised offering on ADDX
The exchangeable notes offering was oversubscribed by 1.75 times.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

XM Studios, a producer of art collectibles, has raised $4.5 million in fresh capital through a tokenised offering on digital securities investment platform ADDX– formerly known as iSTOX.

Temasek subsidiary Heliconia Capital anchored the funding round with an investment of $1 million. The deal comes after Heliconia was announced as a new strategic investor in XM Studios last week.


See: Temasek unit becomes new strategic investor in XM Studios

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.