Clearstream is an international central securities depository headquartered in Luxembourg and part of Deutsche Borse Group, providing post-trade infrastructure and custody services.
Thilo brings extensive custody and securities services experience from senior roles at Clearstream. He also serves on the advisory board of Digital Vault Services.
Jens brings extensive management experience across Deutsche Börse, Clearstream, and Digital Asset. He currently heads issuer services and new digital markets at Clearstream, following previous roles in human resources, integration planning, and digital assets.
Existing investors including BNP Paribas and J.P. Morgan backed the growth round.
"Inefficiencies in the proxy voting system have led to both issuers and investors, the crucial end users in the process, being disenfranchised with their experience, and Proxymity was founded to radically improve the process for everyone in the ecosystem radically, ensuring access to real-time data, full transparency of voting status and activity and regulatory compliance."
Clearstream and the Luxembourg Stock Exchange led the financing round to support the development of automated debt issuance solutions.
"We are very excited and proud to have the confidence of Clearstream and LuxSE in this transaction. This step is a fantastic validation of not just our technology, but also of the impact we have already had on the market and most importantly our customers. We look forward to working together with our new partners to make debt issuance cheaper, faster, and better for all market participants."
The strategic funding round was backed by eight major financial institutions including BNY Mellon, Citi, Clearstream, Computershare, Deutsche Bank, HSBC, J.P. Morgan, and State Street.
"We’re extremely proud of what Proxymity has achieved so far within Citi since we developed the platform in 2017. To date, Proxymity has supported over 3,000 shareholder meetings and, after successful pilots, we’ve fully launched the platform in the UK, Germany, The Netherlands, Belgium, Austria, and Australia, as well as a pilot in Spain,"