Cashlink management team from left to right: Lars Olsson, Dorette Daume, Michael Duttlinger
Zurich, 16 March 2023 - Cashlink Technologies GmbH (“Cashlink”) completed the closing of its mid seven-digit Series A fundraising round to further strengthen their regulatory setup as well as fueling their growth journey. The round was led by TX Ventures, with additional investments by Futury Capital, BMH Hessen, business angels as well as existing investors C3, seed&speed, DEWB and Panta Rhei.
Cashlink, founded in 2016 by Michael Duttlinger & Lars Olsson, offers a market leading infrastructure for tokenized assets. The Cashlink infrastructure covers the entire value chain (distribution, register management, custody, asset servicing) for tokenized assets as well as combining it with a strong regulatory framework. Cashlink has been granted the provisional crypto registry licence by BaFin which enables the issuance of fully compliant tokenized securities.
Michael Duttlinger, Co-Founder & CEO of Cashlink comments: “The introduction of crypto securities in Germany has been a great growth engine for Cashlink. Especially the planned extension of regulation from digital securities to stocks will enable further adoption. We are really pleased that we ensured a solid financial base for further expansion in this sector with this investment.”
“We strongly believe that asset tokenization will revolutionize the securities market by offering benefits such as increased liquidity, faster settlement, lower costs and by addressing a broader public. Cashlink, and its highly professional team with impressive regulatory know-how, is very well positioned to address this market and to become a leader in the tokenization space in Europe. We are very much looking forward to working together and supporting the team on their growth journey.” commented Krzysztof Bialkowski, Managing Partner at TX Ventures.