BetterX Raises $2.3 Million in Pre-Series A to Fuel Digital Currency Expansion

Financial advisors have raised a B2B platform to safely reach business and digital assets to manage business and digital assets safely on behalf of their customers.

The Digital Currency Exchange provides institutional-grade infrastructure for Betterx token, trading, and portfolio management, and this round was supported by existing Backers Ara Group and Tibra Kofounder Kinse Cotton, in which Sydney’s Grand Prix Capital, Singapore’s Aument Capital and Angelles Capital and Angelles Sabarina Tachdraian’s new investors along with new investors Rheela from Riyaz

The Betterx Cap Table also includes the ASX-list scalar partners, wholesale investors, founders of B7 Capital and Audesity Ventures.

Fintech plans to expedite its expansion in Asia and use funds to find out opportunities in the Middle East and USA, which has created its Australian operations for profitability.

Sydney -based banking giants Adam Switzer cofked Betterx with former investment analyst Eric Chow and Tibra Capital Kofounder Kinse Cotton in 2021, in 2021, in 2021.

“We are thrilled with strong support from our investors, current and new, because we take Betterx in the next stage of development,” he said.

“With the increasing institutional adoption of digital assets, we are committed to providing fundamental, obedient and institutional-grade solutions to bridge the traditional finance with digital asset ecosystem.”

The platform faces major challenges in the digital asset space, including security, asset detention and regulatory compliance and is registered with the Australian Government Financial Intelligence Agency, Austrak.

Switzer stated that by providing infrastructure for tokens, trading, and portfolio management, enables Betterx Financial Advisors and Institutes to integrate digital assets in its customer offerings with regulator clarity.