# 10XTS

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/10xts

- Industry: Business Support Services
- Headquarters: Cincinnati, US
- Website: www.10xts.com
- Total disclosed funding: $0.4M
- Latest round: Seed (Mar 1, 2018)
- Investors on record: 2

## About

10XTS is a pioneering company specializing in advanced digital asset solutions, focusing on asset tokenization and capital market infrastructure to enhance transaction efficiency and liquidity.10XTS, founded in 2017 by John Bentley, Michael Hiles, Robert Slater, Robert Strategist, and Yogesh Kadiyala, is headquartered in Cincinnati, US. The company has completed 2 deals, with the most recent deal occurring on June 1, 2018. In that round, 10XTS raised USD 23.5 mn in Series A funding, bringing its total amount raised to USD 23.5 mn. Michael Hiles serves as the CEO of the company.10XTS specializes in advanced digital asset solutions, focusing on asset tokenization and the essential infrastructure for capital markets. Its primary service, Asset Tokenization 2.0, transforms various asset classes, including precious metals, real estate, and supply chain logistics, into digital tokens, thereby streamlining transactions and enhancing liquidity. The proprietary Conduit Network, featuring temporal ledgers, synchronized accounting, and smart contracts, facilitates a secure tokenization process, primarily serving institutional clients in North America, Europe, and parts of Asia.10XTS generates revenue through structured transactions with clients, involving partnerships and subscriptions for its technology and consulting services. Clients engage in service agreements that include blockchain consulting, cryptographic data management, and implementation of tokenization solutions. Revenue streams derive from both recurring subscription models and project-based fees, allowing clients to leverage advanced technologies while ensuring regulatory compliance and operational efficiency.10XTS plans to utilize the USD 23.5 mn raised in Series A funding to expand its product offerings and enter new markets. Upcoming products include enhancements to the Conduit Network, aimed for launch in 2024. The company seeks to penetrate markets in Asia and Europe by the end of 2025, focusing on providing innovative solutions that align with evolving regulatory requirements and client demands.

## Funding rounds

- Seed, Mar 1, 2018, $0.4M — LOUD Capital, Cincinnati Crypto Fund

## Investors

- LOUD Capital (https://capitalatlas.ai/funds/loud-capital) — Seed
- Cincinnati Crypto Fund — Seed