Singapore fintech startup DEXTF raises US$460,000 in seed funding

Singapore

SINGAPORE-based fintech startup DEXTF has secured US$460,000 in an "oversubscribed" seed funding round led by LuneX Ventures and SGInnovate, it said on Friday.

DEXTF - which stands for decentralised traded funds - is a platform that bridges investors with asset managers, eliminating the need for intermediaries. It also enables the delegation of investment decisions without transferring the ownership of assets, the company said in a media release.