The digital wallet developer has closed a series B round led by Qiming Venture Partners and backed by Wanxiang affiliate HashKey.

HashKey, the blockchain investment affiliate of automotive components group Wanxiang, took part in a $30m series B round for Singapore-based blockchain technology developer ImToken yesterday.

Venture capital firm Qiming Venture Partners led the round, which included IDG Capital, Breyer Capital, Signum Capital, Longling Capital, SNZ and Liang Xinjun, co-founder of diversified conglomerate Fosun International.

ImToken has created a decentralised digital wallet that can safely store a variety of digital assets. The latest funding follows a $10m series A round led…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.