HQLAX, a leading provider of digital collateral mobility solutions, announced that it has secured strategic minority investments from global Fintech leader, BroadridgeHQLAX, a leading provider of digital collateral mobility solutions, announced that it has secured strategic minority investments from global Fintech leader, Broadridge

HQLAx Announces Strategic Investments from Broadridge and Digital Asset to Support its Next Phase of Growth on Canton

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HQLAX, a leading provider of digital collateral mobility solutions, announced that it has secured strategic minority investments from global Fintech leader, Broadridge Financial Solutions, Inc., and Digital Asset in its Series C–1 funding round.

The investment will support HQLAX‘s next phase of growth, including the continued evolution of its technology platform, collaboration with Broadridge’s Distributed Ledger Repo (DLR) platform, and a planned migration to the Canton Network. Together, these initiatives will leverage complementary capabilities to support regulated market use cases across the global securities finance and repo industry.

“This strategic investment marks a key milestone for HQLAX as we continue to build critical market infrastructure for collateral mobility,” said Guido Stroemer, CEO of HQLAX. “The backing from Broadridge and Digital Asset reflects growing industry momentum behind interoperable, privacy–preserving blockchain solutions, with the Canton Network enabling connectivity across regulated capital markets.”

“We are pleased to support HQLAX in its next phase of growth as demand increases for scalable, interoperable digital infrastructure across global financial markets,” said Horacio Barakat, Global Head of Digital Innovation at Broadridge. “HQLAX has built a compelling solution that addresses critical inefficiencies in collateral mobility, and we see significant opportunity in combining its innovation with Broadridge’s deep expertise in market infrastructure and market-leading distributed ledger-enabled solutions. This investment reflects our commitment to accelerating the adoption of digital assets and collateral mobility to improve efficiency, resiliency, and capital optimization across the securities finance ecosystem.”

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“Collateral mobility is a core requirement for modern market infrastructure, and HQLAX has demonstrated how to deliver it in a way that meets the needs of regulated institutions,” said Kelly Mathieson, Chief Business Development Officer at Digital Asset. “We’re excited to deepen our relationship with HQLAX as it enters its next chapter and to support its work alongside the Canton ecosystem to enable more connected, efficient, and scalable collateral and financing workflows across global markets.”

As part of the transaction, representatives from Broadridge and Digital Asset will join the HQLAX Board.

The planned Board appointments and the migration to the Canton Network are subject to regulatory approval from the Commission de Surveillance du Secteur Financier (CSSF).

The strategic investment builds on HQLAX‘s broader ecosystem of partnerships across banks, market infrastructure providers, and technology firms, as the company continues to expand adoption of digital collateral mobility solutions across the broader securities finance ecosystem.

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The post HQLAx Announces Strategic Investments from Broadridge and Digital Asset to Support its Next Phase of Growth on Canton appeared first on GlobalFinTechSeries.

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