HQLAx announces strategic investments from Broadridge, Digital Asset

HQLAx, a provider of digital collateral mobility solutions, announced that it has secured strategic minority investments from Broadridge (BR) Financial Solutions and Digital Asset in its SeriesC-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 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.