ChainCatcher News, according to market news, Axiology, a licensed company under the European DLT pilot regulatory framework, has announced the completion of a 5 million euro (approximately 6 million US dollars) seed round financing. This round was led by Exponential Science, e2vc, and Coinvest Capital, with new investors TIBAS Ventures and Plug and Play participating, bringing the company's total fundraising to 7 million euros. Axiology holds one of the four comprehensive licenses for "DLT Trading and Settlement Systems" under the EU DLT pilot regime. The company operates based on the permissioned XRP Ledger, focusing on fixed-income securities and institutional markets. Since the platform's launch in September last year, it has launched services such as securities custody, shareholder registration management, and multilateral trading facilities. Currently, the platform supports settlement using regulated stablecoins and plans to participate in the European wholesale central bank digital currency initiative, while achieving settlement on the TARGET2 system through the European Central Bank's Project Pontes and Project Appia.
Axiology Completes 5M EUR Seed Round Under EU DLT Pilot Framework
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Summary
Axiology, a company licensed under the EU DLT pilot framework, has completed a 5 million euro (approx. $6 million) seed round. Exponential Science, e2vc, and Coinvest Capital led the round, with TIBAS Ventures and Plug and Play also participating. The company operates on a permissioned XRP Ledger, targeting fixed-income and institutional markets. Since its launch in September 2024, Axiology has introduced services such as securities custody and multilateral trading. The platform supports stablecoin settlements and plans to integrate with the ECB’s Project Pontes and Project Appia. On-chain news highlights the company's expansion into regulated digital asset infrastructure. Axiology is also preparing for new token listings under its DLT framework.
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