Investment platform CapBridge bags funding from SGInnovate and Cyberport
It will be used to expand their presence in Hong Kong.
Investment platform CapBridge Financial (CapBridge) has secured equity investments in a series A extension from SGInnovate and Hong Kong government-owned Cyberport Macro Fund for an undisclosed amount, a press release revealed.
The funding will be used to boost the firm’s technology solutions development and to deploy blockchain technology to optimise share tracking, private equity investments, and securities trading settlements for private companies.
Along with the investment from Cyberport Macro Fund, CapBridge aims to further scale up its presence in Hong Kong to serve the growing interest in private markets from the region.