Blockchain Technology Company XYZ Teknoloji Receives Investment from Blizzard Fund
Summary
XYZ Teknoloji, a blockchain-focused FinTech/RegTech founded in 2018, closed an investment from Blizzard Fund (an Avalanche ecosystem fund) in July 2022. The company will use the funding to launch compliant digital asset custody, trading, and DeFi access infrastructure aimed at traditional financial institutions. XYZ already works with top banks and major brokerage firms in Turkey via its equity and debt crowdfunding platform and plans initial expansion into Turkey, the MENA region, and Switzerland. The investment positions XYZ to bridge traditional finance and the blockchain economy by offering compliant, licensed infrastructure and services across multiple jurisdictions.
Funding
Amount
None
Total raised
Date
July 22, 2022
Announcement date
Investors
-
Lead investors
Company
xyzteknoloji.com
Funded company
Classifications
industries
Fintech & Banking
applications
Web and Content Management
AskAI Classifications
Labels
Blockchain Technology
Financial Technology
Digital Asset Management
Linked Companies
XYZ Technology
$1M to $5M