Blockchain Platform Symbiont Closes $20 Million in Series B Funding

Symbiont.io Inc. secured a $20 million Series B funding round led by Nasdaq Ventures with participation from new investors Galaxy Digital, Citi, and Raptor Group.

A blockchain platform for global financial markets, Symbiont plans to use this funding to accelerate deployments across data management, mortgages, private equity, and syndicated loans vertices. In addition to the investment, Nasdaq plans to explore new business opportunities to utilize Symbiont’s enterprise blockchain and smart contract platform, Assembly™, with existing and new clients seeking smart contract and tokenization solutions.