HashPort Group Raises $8.5 mn In Funding
HashPort, a Japanese blockchain firm, has raised an astounding $8.5 million in its most recent investment round.
The University of Tokyo Edge Capital Partners, Sumitomo Mitsui Banking Corporation, and well-known Japanese billionaire entrepreneur Yusaku Maezawa took the lead in the Series C fundraising round. With this most recent fundraising in place, HashPort’s total funding has now risen to roughly $14.2 million.
With this substantial infusion of cash, HashPort will strengthen its business operations, build a strong compliance management system, and put together a team to help it navigate the complex worldwide regulatory environment, which is essential for their future growth goals.
(With inputs from Shikha Singh)
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