Tassat, a provider of financial infrastructure for the digital asset ecosystem, today announced investments from strategic Asian investors gumi Cryptos Capital and HashKey Capital.
Their investments support Tassat’s strategy to extend its footprint to Asia and accelerate adoption by banks of its blockchain-based infrastructure solutions including rapid cross border payments and real-time treasury management using digital cash.
Its products help financial institutions and fintech firms eliminate the points of friction in the cross-border payment and transaction chains, while also promoting open banking and enabling the rollout of new and differentiated services to retail and commercial customers.
“We are honored to welcome gumi Cryptos and HashKey Capital as strategic investors at a time where adoption of our payments and treasury management infrastructure is growing. Both firms share Tassat’s vision to help transform the global payments and treasury management landscape in a much-needed way.”
– Tassat CEO, Thomas Kim
Tassat, formerly known as trueDigital before a rebrand earlier this year, provides a variety of services for crypto assets, and was one of the first to develop a reference rate for bitcoin (BTC) and ether (ETH).
“We are excited to back Tassat’s accomplished team and its pragmatic approach to bringing blockchain-enabled solutions to financial institutions. Its payments and settlement platform will play a key part in enabling cross border payments amongst corporate clients of banks in a truly frictionless way.”
– Rui Zhang, Managing Director of gumi Cryptos Capital
gumi Cryptos Capital and HashKey Capital join a growing list of strategic investors in the company that includes US-based Signature Bank, ConsenSys and CMT Digital.
“We are delighted to partner with Tassat in their endeavor to be a global leader in building a blockchain-based infrastructure that enables institutions to tokenize, transfer, exchange and settle digital assets and we support its team’s vision and proven track record to deliver.”
– Chao Deng, CEO of HashKey Capital