Singapore digital assets exchange Zipmex bags $41m Series B

Marcus Lim, founder and CEO of Zipmex

Singapore-based digital assets exchange Zipmex has bagged $41 million in an oversubscribed Series B funding round from investors including Krungsri Finnovate Company Limited, the corporate venture capital arm of the Thailand-based Bank of Ayudhya PCL.

The investment by Bank of Ayudhya marks the first time that a bank in Southeast Asia is investing in a digital asset platform, according to a statement by Zipmex on Tuesday.

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