Digital asset platform ML Tech snares $1.9m funding


ML Tech, a Miami-based provider of a non-custodial digital asset investment management platform, has scored $1.9m in strategic funding.  

The round saw participation from investors such as Hyperithm, Nascent and Belvedere Strategic Capital.

ML Tech is a non-custodial investment platform connecting institutional investors to top trading strategies.

Institutional investors can choose from a curated selection of fully automated crypto strategies to help ensure success aligned with their investment goals.

According to ML, professional trading teams work with ML Tech to enjoy access to institutional capital, low execution fees and HFT quality exchange connectivity for their trading strategies while retaining ownership of all IP.

Trading teams also benefit from access to institutional capital, low fees across multiple exchanges and easy integration to crypto exchanges.

ML intends to use the newly raised capital to expand its current offerings, adding diverse trading strategies, new asset classes and support for additional exchanges and invest in client acquisition, growth and marketing.

Akulaku, a banking and digital finance platform in Southeast Asia, recently received a $200m investment from Japanese megabank Mitsubishi UFJ Financial Group (MUFG).

Founded in 2016, Akulaku is a banking and digital finance platform in Southeast Asia, with a presence in Indonesia, the Philippines, and Malaysia. Akulaku exists to help meet the daily financial needs of underserved customers in emerging markets through digital banking, digital financing, digital investment, and insurance brokerage services.

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