Axiology, a licensed company under the European DLT pilot regulatory framework, has completed a €5 million seed round financing

According to market news, licensed company Axiology under the European DLT pilot regulatory framework announced the completion of a €5 million (approximately $6 million) seed round financing.

This round of financing was led by Exponential Science, e2vc, and Coinvest Capital, with new investors TIBAS Ventures and Plug and Play participating. The company's total financing amount has reached €7 million. Axiology holds one of only four comprehensive "DLT trading and settlement system" licenses under the EU DLT pilot scheme. The company operates on a permissioned XRP Ledger, focusing on fixed income securities and the institutional market. Since the platform's launch in September last year, it has introduced services such as securities custody, shareholder registration management, and multilateral trading facilities. The platform currently supports settlement with regulated stablecoins and plans to participate in the European wholesale central bank digital currency initiative, while achieving settlement on the TARGET2 system through the European Central Bank's Project Pontes and Project Appia.