What is HQLAx?
HQLAx specializes in streamlining the securities finance and repo markets through its advanced DLT platform. The firm facilitates frictionless, precise, and real-time transfer of ownership for securities, targeting major banks and asset managers worldwide. By mitigating inefficiencies in collateral management and reducing settlement risks, HQLA's technology aims to significantly lower operational costs and improve liquidity for its clients. The platform enables seamless ownership transfers without physical security movement, a critical advancement in modern financial infrastructure.
How much funding has HQLAx raised?
HQLAx has raised a total of $20M across 2 funding rounds:
Series A
$2.5M
Series B
$17.5M
Series A (2018): $2.5M, investors not publicly disclosed
Series B (2021): $17.5M led by BNP Paribas Securities Services, Deutsche Börse Group, Goldman Sachs Group, BNY Mellon, and Citi
Key Investors in HQLAx
BNP Paribas Securities Services
BNP Paribas Securities Services is a leading global custodian and securities services provider, offering a comprehensive range of solutions to asset managers, asset owners, and financial institutions. Their expertise spans custody, fund administration, and securities financing.
Deutsche Börse Group
Deutsche Börse Group is a leading international provider of trading, clearing, and settlement services, as well as innovative financial market solutions. They are a key player in global capital markets infrastructure.
Goldman Sachs Group
Goldman Sachs is a leading global investment banking, securities, and investment management firm. It provides a wide range of financial services to corporations, governments, and institutional and individual clients, including mergers and acquisitions advisory, underwriting, asset management, securities trading, and wealth management. Known for its influential role in global capital markets, Goldman Sachs also engages in risk management, financing, and strategic advisory services worldwide.
What's next for HQLAx?
With substantial enterprise-level backing, HQLAx is strategically positioned for accelerated growth and broader market adoption. The recent major strategic investment signals strong confidence from its backers in the company's technology and business model. Future developments are likely to focus on expanding its client base among global financial institutions, further enhancing its DLT platform's capabilities, and potentially exploring new use cases within the financial services sector. This capital infusion will be instrumental in scaling operations and solidifying HQLAx's position as a leader in financial technology innovation.
See full HQLAx company page
