Jump Crypto, Blockchain Capital, Alameda Research and Coinbase Ventures, are among marquee investors supporting Hxro’s strategic round.
The company’s fifth fundraising, also known as “Fund V,” was oversubscribed at its $300 million hard cap with investors from around the world, the company said.
The round marks the first time a blockchain technology company has received major institutional funding from Morgan Stanley, said Carlos Domingo, co-founder and CEO of Securitize.