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According to an official announcement from Hivemind, its subsidiary Hivemind Digital Group has completed a $17 million strategic financing round, led by M&G Investments, with participation from CPIC Investment Management (H.K.), ZA Bank, FalconX, and Sonic Boom Ventures, among others. Alex Seddon, Head of Impact and Private Equity at M&G Investments, will join the company's board of directors.
According to PR Newswire, Hivemind Digital Group announced the completion of a $17 million strategic financing round, led by M&G Investments, with participation from CPIC Investment Management (HK), ZA Bank, FalconX, Sonic Boom Ventures, and others. The funds raised will be used to accelerate the development of tokenization infrastructure and expand its capabilities in investing in cutting-edge technologies.