NEON advises TX Ventures on Series A financing round of Cashlink

20 March 2023 | NEON has advised TX Ventures on the mid-seven-figure Series A financing round of Cashlink.

FinTech company Cashlink provides the leading asset tokenization infrastructure, enabling fully digital issuance of securities through the use of blockchain technology. Cashlink is one of the first companies to receive preliminary permission to register crypto securities from the German Federal Financial Supervisory Authority (BaFin), enabling it to cover all necessary regulatory requirements.

In addition to lead investor TX Ventures, Futury Capital, Beteiligungs-Managementgesellschaft Hessen, several business angels and existing investors including C3 Venture Capital, seed + speed, Panta Rhei and DEWB participated in the financing round.
With the fresh capital, Cashlink intends to strengthen its growth trajectory and, in particular, expand its product offering with regard to the registration of crypto securities.

Background:

NEON regularly advises on financing rounds both on the side of investors and on the side of the company. The NEON team has again advised TX Ventures on a financing round – most recently on its investment in FinTech Tidely.