HQLAX Closes Series C-1 Funding

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HQLAX, a Luxembourg-based financial company specializing in digital collateral mobility solutions, has successfully closed an undisclosed Series C-1 funding round. Broadridge Financial Solutions, Inc. and Digital Asset participated in the funding, with representatives joining the HQLAX Board. The company plans to use these funds to enhance its technology platform, collaborate with Broadridge’s DLR platform, and migrate to the Canton Network, furthering its growth in leveraging distributed ledger technology for securities finance.

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