VAKT
VAKT is digitising the global oil trading industry, creating a secure, trusted ecosystem, powered by blockchain.
VAKT is digitising the global oil trading industry, creating a secure, trusted ecosystem, powered by blockchain.
VAKT: VAKT, with the slogan "VAKT is digitising the global oil trading industry, creating a secure, trusted ecosystem, powered by blockchain," was founded in 2018 in the United Kingdom. The company has established a digital ecosystem for physical post-trade processing, leveraging blockchain technologies to provide a single source of truth for the trade lifecycle. Unlike other solutions focused on a narrow piece of the deal life-cycle, VAKT is transforming the full trade life-cycle. With its last Venture - Series Unknown investment on 09 June 2022, VAKT is creating new trade finance opportunities and has attracted investments from thirteen leading energy companies and banks committed to embracing blockchain technology. This industry-wide solution aims to address age-old problems in the Blockchain, Crypto, Fintech, and Trading Platform sectors.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Venture - Series Unknown | Unknown | - | 09 Jun 2022 | |
| Venture Round | $5.00M | 1 |
|
28 Jan 2020 |
| Corporate Round | $5.00M | 1 | Reliance Industries | 24 Dec 2018 |
| Seed Round | Unknown | 1 | Level39 | 01 Jan 2018 |
No recent news or press coverage available for VAKT.
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