Hivemind Digital Group has raised $17 million in strategic financing led by M&G Investments as the asset management platform expands its tokenization infrastructure and investments across digital assets and other emerging technologies.
CPIC Investment Management (HK), ZA Bank, FalconX, Sonic Boom Ventures and additional investors participated in the round.
Hivemind was founded in 2021 and operates at the intersection of traditional finance, digital assets and blockchain infrastructure.
The financing marks the beginning of a strategic relationship between Hivemind and M&G as both firms evaluate the growing role of tokenization in institutional financial markets.
Alex Seddon, Head of Impact and Private Equity at M&G Investments, has joined Hivemind’s board as part of the transaction.
Hivemind plans to use the capital to develop infrastructure that can move financial assets onto blockchain-based systems and broaden its investment capabilities across emerging technology.
The company is specifically looking beyond cryptocurrencies toward applications of blockchain infrastructure involving traditional financial assets, asset management and institutional market infrastructure.
The round also includes investment from board members and former senior executives associated with Man Group, Apollo Global Management, Coinbase, Citi, First Citizens Bank and GoldenTree Asset Management.
Hivemind cited projections that the tokenized asset market could reach $18.9 trillion by 2033.
The company plans to pursue investment opportunities created by tokenization across multiple asset classes, expand institutional partnerships internationally and build infrastructure supporting next-generation asset management.
M&G brings significant institutional scale to the relationship.
M&G Investments is part of M&G plc, which reported £371 billion in assets under management as of March 31, 2026, and operates across equities, fixed income, multi-asset, cash, private debt, infrastructure and real estate.
KEY QUOTES:
“This funding round and our partnership with M&G represent the start of our next chapter: taking blockchain technology beyond digital assets and supporting the development of new applications across asset management and financial infrastructure.”
Matt Zhang, Founder And CEO Of Hivemind Digital Group
“Our investment in Hivemind reflects an interest in how tokenization and related infrastructure could support practical, long-term applications across financial markets.”
Alex Seddon, Head Of Impact And Private Equity At M&G Investments
