Alphaledger Secures Series A Funding Led by EJF Ventures with Participation from KDX, Also Announces Commercial Agreement with Tradeweb
Alphaledger, a leading provider of blockchain infrastructure for fixed income assets, focused on the origination and development of autonomous clearing, announced the first closing of its Series A funding round led by EJF Ventures, the investment arm of EJF Capital, with participation from KDX and strategic investors.
The funding will accelerate product development, expand footprint and support the continued adoption of Alphaledger's innovative blockchain platform focused on asset origination and the development of autonomous clearing.
Alphaledger also announced a new commercial agreement with Tradeweb Markets to jointly develop new products leveraging its blockchain technology, continuing its collective efforts to deliver cutting-edge technology that strengthens the market infrastructure.
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