Lithuanian startup Axiology raises €5 million to develop tokenised capital markets platform
Lithuanian startup Axiology has secured €5 million in Seed funding to advance its tokenised capital markets platform, aiming to streamline the lifecycle of digital fixed-income instruments within a regulated EU framework. This investment signals a broader trend of European financial technology firms focusing on regulated digital assets and DLT-enabled infrastructure, vital for fostering the EU's Savings and Investment Union. The funding round, led by Exponential Science, e2vc, and Coinvest Capital, brings Axiology's total raised to €7 million, empowering it to scale its unified platform. Axiology's platform is designed to operate under the EU's DLT Pilot Regime, enabling the issuance and management of tokenised securities in a compliant environment. This development addresses the fragmentation in European capital markets by providing a single, regulated system for securities management. The company's CEO, Marius Jurgilas, emphasizes the need for new market infrastructure, not just policy, to build the EU's Savings and Investment Union, highlighting how Axiology’s technology is poised to democratise access to previously inaccessible financial instruments. This funding round for Axiology aligns with significant investments across Europe in DLT-enabled financial infrastructure, including Germany's Tangany (€10 million for digital asset custody), the UK's Fnality (€115 million for wholesale payment settlement), and France's Spiko (€18.9 million for tokenised cash management). Collectively, these initiatives represent approximately €150 million in capital injection into the European digital asset and capital markets sector, underscoring a strategic push towards greater efficiency and accessibility in financial services. Axiology’s platform aims to bridge the gap by making digital bonds available to a wider public, overcoming limitations imposed by existing market infrastructure.
Curated and translated by Europe Digital for our multilingual European audience.
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