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Japan government-backed investors lead Series A funding for iSTOX, raises US$50 mil

Felicia Tan
Felicia Tan • 2 min read
Japan government-backed investors lead Series A funding for iSTOX, raises US$50 mil
iStox's existing investors have added to their holdings too.
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iSTOX, on Jan 21, announced that it has closed US$50 million ($66.3 million) for its Series A funding.

The global digital securities platform now counts JIC Venture Growth Investments (JIC-VGI), the venture capital arm of Japan Investment Corporation (JIC), and Development Bank of Japan Inc (DBJ), which is a financial institution wholly owned by the Japanese Government.

In addition, Japan’s Juroku Bank and venture capital firm, Mobile Internet Capital (MIC) have also joined iSTOX as new investors.

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