StrikeX Labs Joins Forces with Securitize to Launch Tokenized Funding Round
TL;DR
StrikeX Labs launches a tokenized Series A funding round in collaboration with Securitize Inc., aiming to close the gap in blockchain data infrastructure.
The blockchain data services market, projected to surpass $51 billion by 2029, is driving demand for reliable and scalable solutions.
The funding round allows accredited investors to acquire tokenized equity under SEC regulation.
StrikeX Labs Ltd, a UK-based startup specializing in data services for the Web3 ecosystem, has announced the launch of a tokenized Series A funding round.
The round will be conducted in collaboration with Securitize Inc., a leading platform in real-world asset tokenization. StrikeX continues to gain momentum in the blockchain industry, focusing on addressing a critical gap in the sector’s data infrastructure.
The Data Services Market
The data services market is experiencing rapid growth, projected to exceed $51 billion by 2029, primarily driven by surging demand for reliable and scalable solutions in the blockchain space.
StrikeX Labs aims to position itself as a key provider in this niche, offering node hosting services, consolidated price feeds, and data analytics tools designed to meet the sector’s specific needs. This approach seeks to address one of the major challenges facing the expansion of decentralized finance (DeFi): the lack of secure, accessible, and consistent data.
StrikeX Labs: Revolutionizing the Financial System
The funding round, structured under an SEC exemption in the United States, enables accredited investors to acquire tokenized equity in the company. This model not only democratizes access to capital but also showcases blockchain technology’s potential to transform traditional financial processes. The funds raised will be allocated to strengthening the data infrastructure needed to support blockchain adoption and development.
Securitize brings its expertise as an SEC-regulated platform, acting as a trusted intermediary for the issuance and management of digital securities. Additionally, its track record of working with major asset managers such as BlackRock and KKR lends credibility and support to this initiative.
StrikeX Labs also benefits from the backing of CMC Markets PLC, highlighting its potential to establish itself as a significant player in the global digital assets market.
Filed under: News - @ November 19, 2024 2:26 pm