Heliconia-backed XM Studios raises $4.5 mil through tokenised offering on ADDX
Atiqah Mokhtar • • 4 min read
The exchangeable notes offering was oversubscribed by 1.75 times.
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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.
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