HQLAX, a digital collateral mobility specialist, has secured strategic minority investments from Broadridge Financial Solutions and Digital Asset as part of its Series C–1 funding round. This capital injection is intended to accelerate the company’s growth and facilitate the ongoing development of its technology platform. As part of the transaction, representatives from both investing firms will join the HQLAX Board of Directors, pending regulatory approval from the Commission de Surveillance du Secteur Financier (CSSF).
The partnership focuses on enhancing technical interoperability within securities finance. Key initiatives include a planned migration to the Canton Network and closer collaboration with Broadridge’s Distributed Ledger Repo (DLR) platform. These moves aim to streamline regulated market use cases and improve the mobility of digital collateral across the global repo and securities lending sectors.
By leveraging these new investments, HQLAX continues to expand its ecosystem of bank and market infrastructure partnerships. The firm remains focused on driving the adoption of digital solutions to improve efficiency in global financial markets. All strategic developments and board changes remain subject to standard oversight from the CSSF.
Subscribe to our newsletter
