NEON advises Helaba Digital on € 7 million financing round of Cashlink

5 July 2023 | NEON has advised Landesbank Hessen-Thüringen (Helaba) in the €7 million financing round of fintech Cashlink, a leading force in asset tokenization and digital securities issuance.
In addition to Helaba, existing investors Panta Rhei, C3 Venture Capital and TX Ventures also participated in the round.

Cashlink enables the fully digital issuance of securities through the use of blockchain technology, while also advocating for blockchain-based applications to be increasingly used in the financial industry.

Digitization of this kind supports companies in building sustainable business models. Helaba’s strategic investment illustrates the benefits that come with such cooperation, especially for financial institutions.

Background:

NEON regularly advises on financing rounds both on the side of investors and on the side of the company. The NEON team already advised TX Ventures on the Series A of Cashlink and has now also supported Helaba as a new investor.