XDC Ventures, the $125m venture capital fund established by the co-founders of the XDC Network, has announced a follow-on investment in TradeTogether, a Singapore-based asset manager licenced by the Monetary Authority of Singapore (MAS). This investment aims to bolster TradeTogether’s expansion of regulated digital asset strategies across the Asia-Pacific (APAC) region.
The latest funding follows XDC Ventures’ initial investment in April 2024 and coincides with TradeTogether securing its full Capital Markets Services (CMS) licence from MAS. This regulatory milestone enables TradeTogether to enhance its digital asset and structured investment offerings, reinforcing its position as a bridge between traditional finance and next-generation capital markets in APAC.
TradeTogether, known for its compliant Web3 wealth management solutions, manages diversified strategies across fixed income, securities, and tokenised assets for accredited investors, family offices, and institutions. The firm is committed to developing scalable, compliant investment structures, including Variable Capital Company (VCC) vehicles, to lead the next generation of capital markets in Asia.
XDC Network, an enterprise-grade blockchain, focuses on trade finance and real-world asset (RWA) tokenisation through decentralised applications like TradeFinex and XDC Trade Network. The partnership with TradeTogether aligns with XDC’s mission to drive institutional adoption by providing compliant distribution channels and innovative wealth management tools.
Ritesh Kakkad, Co-Founder of XVC Tech and XDC Network, stated, “TradeTogether’s focus on regulatory excellence and institutional-ready products makes it an ideal partner for scaling Web3 adoption in Asia and beyond.”
This investment highlights the growing momentum in APAC’s digital asset sector, where regulatory clarity and institutional-grade platforms are accelerating the integration of RWAs and tokenised finance.
