The British fintech firm executed the test issuance using its TokenFactory platform in partnership with Nivaura.
"We have succeeded in what we hope is the first step in reinventing capital markets. By tokenising our own equity at 20|30 through TokenFactory, we can demonstrate that there is a far better way to unlock the value of equity, built on innovative blockchain technology which will transform the way companies raise capital,"
The Series A round was led by the Scottish Investment Bank and SCHOTTEL HYDRO to further develop the PLAT-I system.
"It is fantastic, and a great testament to the team for all their hard work to close this funding round. Securing new investment from the Scottish Investment Bank and commitment from SCHOTTEL for our work in Nova Scotia will enable us to take a significant step forward on our renewable energy journey."
Deepbridge Capital has backed Touch Biometrix in a Series A round to support the commercialisation of its fingerprint sensor technology.
"This new and substantial investment from Deepbridge will enable Touch Biometrix to build upon its development work with the aim of defining its first minimum viable product ahead of scaled product in early 2020."