The new York startup Templum announced that it received from SBI Holdings strategic investments helped to complete a round of financing of $10 million in addition to the venture capital unit of Japanese financial giant SBI Group, it was also attended by the company Raptor Group.
In October last year Templum raised $2.7 million seed investment from the group Raptor Group, Galaxy Investment Partners, Blockchain Capital and firstminute.capital.
Templum seeks to create a platform for the ICO and trade tokens, which are classified as securities. Thus, the activities of trade will fully meet the requirements of regulators.
According to a statement the startup received funding will be used for further development “children Templum markets and alternative trading systems”.
“We are pleased to support SBI. I believe that these investments will expand the relationship with the institution having a high reputation. We share our mission to create a trading platform, and I look forward to the opportunity to work with SBI in Japan and Asia as a whole,” said founder and Executive Director of the Templum Chris Pallotta (Pallotta Chris).
Currently SBI Holdings is already involved in several enterprises of the cryptocurrency industry. For example, the company created a joint venture Wirex Wirex SBI Asia working to release in Japan the cryptocurrency payment cards VISA. It was also reported about the plans to open in the beginning of this year of the crypto currency exchange in cooperation with Huobi.