NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Zipmex, a Singapore-headquartered digital assets exchange, has secured a US$41 million Series B round from a clutch of corporate investors and VCs.

Bank of Ayudhya’s corporate VC arm Krungsri Finnovate, leading Thai media giants Plan B Media and Master Ad (MACO), besides new and existing VCs, including MindWorks Capital and Jump Capital, participated.

With this, Zipmex’s total funding raised to date has touched US$52 million.

Photo courtesy of lirneasia.