ETHUSD Finds Its Footing: Buy the Dip for a Potential Surge Toward $3600 
Ethereum Holds Firm Above $3,100 Despite Dip – Fresh Breakout to $3,600+ Looming as Bulls Defend Key Support 
Bitcoin Defies Gravity Above $93K Despite Missing Retail FOMO – ETF Inflows Return & Whales Accumulate: Buy the Dip to $100K 
Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature 
Ethereum Refuses to Stay Below $3,000 – $3,600 Next? 
Ethereum Ignites: Fusaka Upgrade Unleashes 9× Scalability as ETH Holds Strong Above $3,100 – Bull Run Reloaded 
Digix, a Singapore-based digital assets company, has raised $1.25 million in a seed funding round, IBTimes UK reported.
The round was led by Japanese VC Global Brain and also saw contribution from blockchain-focused Fenbushi Capital.
"It is with pleasure that I welcome the two VCs on board. They are well versed with the new token economy and will work with us to ensure the success of our asset tokenisation platform and the decentralised governance system we strive for with DigixDAO,” Kai C. Chng, the CEO and Co-Founder of Digix, said. "I am very confident that they will guide us properly towards scaling our operations with their years of experience in taking care of technology companies, while simultaneously introducing the benefits of our tokens and protocol to their network of partners across the globe."
In a blog post, Digix said that the involvement of the VC will give it opportunities to showcase its product to their traditional and blockchain portfolio of companies.
The startup is working to release a crypto gold-backed token on the Ethereum blockchain. This would help provide a stable coin for cryptocurrency users and also expand financial inclusion to the unbanked.
"Digix's technology has tremendous value in this newly born token economy all over the world. Their technology and DGX as gold tokenisation will bring this entire ecosystem into the next step,” Yasuhiko Yurimoto, Founder and CEO of GB said.
Ethereum-powered startup Digix raises $1.25M from Asian VCs
Digix, a Singapore-based digital assets company, has raised $1.25 million in a seed funding round, IBTimes UK reported.
The round was led by Japanese VC Global Brain and also saw contribution from blockchain-focused Fenbushi Capital.
"It is with pleasure that I welcome the two VCs on board. They are well versed with the new token economy and will work with us to ensure the success of our asset tokenisation platform and the decentralised governance system we strive for with DigixDAO,” Kai C. Chng, the CEO and Co-Founder of Digix, said. "I am very confident that they will guide us properly towards scaling our operations with their years of experience in taking care of technology companies, while simultaneously introducing the benefits of our tokens and protocol to their network of partners across the globe."
In a blog post, Digix said that the involvement of the VC will give it opportunities to showcase its product to their traditional and blockchain portfolio of companies.
The startup is working to release a crypto gold-backed token on the Ethereum blockchain. This would help provide a stable coin for cryptocurrency users and also expand financial inclusion to the unbanked.
"Digix's technology has tremendous value in this newly born token economy all over the world. Their technology and DGX as gold tokenisation will bring this entire ecosystem into the next step,” Yasuhiko Yurimoto, Founder and CEO of GB said.
