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HQLAx Announces Strategic Investments from Broadridge and Digital Asset to Support its Next Phase of Growth on Canton
HQLAx, a provider of digital collateral mobility solutions, has secured strategic minority investments from Broadridge Financial Solutions, Inc. (NYSE: BR) and Digital Asset in its Series C–1 funding round. These investments will support HQLAx’s growth, technology platform evolution, collaboration with Broadridge’s Distributed Ledger Repo platform, and a planned migration to the Canton Network. The initiative aims to enhance interoperable, privacy-preserving blockchain solutions for regulated capital markets, with representatives from Broadridge and Digital Asset joining the HQLAx Board, subject to regulatory approval.