Shipfinex, a maritime asset tokenization fintech platform, completes $1.5 million seed round
Shipfinex, a maritime asset tokenization financial technology platform, has announced the completion of a $1.5 million seed round of financing. Mr. Gaurav Mehta, Chairman of Best Oasis Limited and SPM Shipping DMCC, led the investment, with the participation of Mr. Vivek Seth, Senior Vice President of ADNOC Logistics & Services, and Mr. Yasovardhan Chinn, Founder of Nanlian Ship Management LLC. The specific valuation information has not been disclosed yet. The new funds will support its democratization of maritime finance by enabling partial ownership of maritime assets through blockchain and collaborating with the Dubai Virtual Asset Regulatory Authority (VARA) to develop a secure and compliant maritime asset token (MAT) market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
US Senators Withdraw Support For GENIUS Act: Here’s Why
4 Headlines That Terrify Solana Short Sellers in May
XRP Price Prediction After SEC vs Ripple Settlement Update on June 9
Trending news
MoreCrypto prices
More








