DigiFT of the Decentralized Exchange completed US $10.5 million pre-A round of financing, led by Shanda Group

It is reported that DigiFT, a decentralized digital asset exchange focusing on asset-backed securities (STO), announced the successful completion of the US $10.5 million pre-A round of financing. This round of financing was led by Shanda Group, a global private investment holding group founded by Chen Tianqiao and his family in 1999. Other investors include HashKey Capital, Hash Global, Xin Enterprise Pte. Ltd. and Beituo Capital.

Interpretation of this information:

DigiFT, a decentralized digital asset exchange that primarily focuses on asset-backed securities, has announced the successful completion of its US $10.5 million pre-A round of financing. The financing round was headed by the Shanda Group, a global private investment holding company created by the Tianqiao Chen family in 1999. Besides Shanda Group, other participants in the financing round include Hash Global, HashKey Capital, Beituo Capital, and Xin Enterprise Pte. Ltd.

Digital asset management on blockchain technology is the core of DigiFT’s operation. The company is committed to revolutionizing the digital asset ecosystem by developing solutions that allow transactions that are more transparent, accessible and efficient. Furthermore, the company seeks to address the shortcomings of traditional securities trading systems by decentralizing the process, thus providing better security for users in the ecosystem.

Shanda Group, the lead investor in the pre-A round, has been actively investing in the blockchain industry. The company has previously made notable investments in digital currencies, such as Bitcoin and Ethereum, and has also invested in blockchain-based technology startups. The company’s investment in DigiFT is an indication of its commitment to the digital asset industry and demonstrates the enormous potential of the DigiFT project.

The pre-A round of financing raised by DigiFT shows a remarkable commitment to decentralization and digital currencies. Through the success of the financing round, DigiFT has positioned itself as a major player in the digital asset exchange space. The funds raised will support the development and growth of DigiFT, as the company expands globally and continues to innovate solutions that will transform the digital asset industry.

In conclusion, DigiFT’s successful pre-A financing round, led by the Shanda Group, is clear evidence that the digital asset industry is rapidly expanding, and significant progress is made in the development of decentralized exchanges. By leveraging blockchain technology to offer transparency and security, DigiFT is well-positioned to lead the digital asset exchange front.