HQLAx, a digital collateral mobility solutions provider, announced that it has secured strategic minority investments from Broadridge Financial Solutions and Digital Asset as part of its Series C–1 funding round.
The investment is expected to support HQLAx’s next phase of growth, including the continued development of its technology platform, deeper collaboration with Broadridge’s Distributed Ledger Repo platform, and a planned migration to the Canton Network. These initiatives are designed to enhance interoperability and enable regulated market use cases across the global securities finance and repo ecosystem.
The company is positioning itself at the center of efforts to modernize collateral mobility through blockchain-based infrastructure. By leveraging distributed ledger technology, HQLAx aims to improve efficiency, scalability, and real-time collateral management for financial institutions.
As part of the transaction, representatives from both Broadridge and Digital Asset are expected to join the HQLAx board, subject to regulatory approval from Luxembourg’s Commission de Surveillance du Secteur Financier.
The investment builds on HQLAx’s broader ecosystem of partnerships across banks, market infrastructure providers, and technology firms, as it continues expanding adoption of its platform globally.
KEY QUOTES:
“This strategic investment marks a key milestone for HQLAX as we continue to build critical market infrastructure for collateral mobility. The backing from Broadridge and Digital Asset reflects growing industry momentum behind interoperable, privacy–preserving blockchain solutions, with the Canton Network enabling connectivity across regulated capital markets.”
Guido Stroemer, CEO, HQLAx
“We are pleased to support HQLAX in its next phase of growth as demand increases for scalable, interoperable digital infrastructure across global financial markets. HQLAX has built a compelling solution that addresses critical inefficiencies in collateral mobility, and we see significant opportunity in combining its innovation with Broadridge’s deep expertise in market infrastructure and market-leading distributed ledger-enabled solutions. This investment reflects our commitment to accelerating the adoption of digital assets and collateral mobility to improve efficiency, resiliency, and capital optimization across the securities finance ecosystem.”
Horacio Barakat, Global Head of Digital Innovation, Broadridge Financial Solutions
“Collateral mobility is a core requirement for modern market infrastructure, and HQLAX has demonstrated how to deliver it in a way that meets the needs of regulated institutions. We’re excited to deepen our relationship with HQLAX as it enters its next chapter and to support its work alongside the Canton ecosystem to enable more connected, efficient, and scalable collateral and financing workflows across global markets.”
Kelly Mathieson, Chief Business Development Officer, Digital Asset
