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

PANews reported on February 4th that Axiology, a licensed company under the European DLT pilot regulatory framework, announced the completion of a €5 million (approximately $6 million) seed funding round. This round was led by Exponential Science, e2vc, and Coinvest Capital, with participation from new investors TIBAS Ventures and Plug and Play, bringing the company's total funding to €7 million.

Axiology holds one of only four comprehensive licenses for "DLT Trading and Settlement Systems" under the EU's DLT pilot program. The company operates on a licensed XRP Ledger and focuses on fixed-income securities and institutional markets. Since its platform launch last September, it has offered services such as securities custody, shareholder registration management, and multilateral trading facilities. Currently, the platform supports settlement in regulated stablecoins and plans to participate in the European wholesale central bank digital currency initiative, while also achieving settlement on the TARGET2 system through the European Central Bank's Project Pontes and Project Appia.