Symbiont.io, a New York-based firm focused on leveraging blockchain technology to improve traditional capital markets, has drawn $20 million in investments. Notably, Symbiont has received funding from giant American investment bank, Citigroup Inc. and Nasdaq Inc., the owner of the world’s second-largest stock exchange. Nasdaq Ventures, a subsidiary of the $10 trillion exchange operator focused on investing in emerging fintech, is reportedly the lead investor in Symbiont’s series B funding round. Other prominent investors that participated in the series B included Michael Novogratz’s Galaxy Digital Holdings, a company that operates a cryptocurrency merchant bank.
