What does Colb Asset SA do?
Colb Asset SA specializes in tokenizing real-world assets by connecting institutional investors with traditional assets through accessible on-chain solutions. Its suite includes products like the Colb Managed Token (CMT), Colb Tracker Token (CTT), and Colb Fund Token (CFT) that enable institutional-grade investment strategies.
How much did they raise?
The company raised $7.3M in a seed extension round, although details about lead and participating investors were not disclosed.
What are their plans for the money?
The funds will be used to accelerate expansion and further develop fintech infrastructure, with a focus on improving cross-border payment rails and promoting the adoption of its compliant stablecoin, $USC.
What have they achieved so far?
Colb Asset has already achieved significant progress with a range of tokenization products that connect institutional investors to traditional assets on-chain.