Rakkar Digital - About the company
Rakkar Digital is an acquired company based in Singapore (Singapore), founded in 2022. It operates as a Provider of digital asset custody solutions to financial institutions. Rakkar Digital has raised $10M in funding from SCB 10X. The company has 108 active competitors, including 20 funded and 14 that have exited. Its top competitors include companies like Cobo, Hex Trust and First Digital.
Company Details
Provider of digital asset custody solutions to financial institutions. It provides users with a company that offers a platform that specializes in digital asset and blockchain-based banking, enabling institutions to securely store and easily access digital assets and cryptocurrencies.
- Website
- www.rakkardigital.com/
- Email ID
- *****@rakkardigital.com
- Registered Address
- PEKIN STREET, Singapore, 48762
Key Metrics
Founded Year
2022
Location
Singapore, Singapore
Stage
Acquired
Total Funding
$10M in 1 round
Latest Funding Round
Ranked
22nd among 108 active competitors
Employee Count
16 as on Sep 30, 2026
Exit Details
Acquired by DV8 (Mar 23, 2026)
Legal entities associated with Rakkar Digital
Rakkar Digital is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
RAKKAR DIGITAL HOLDINGS PTE. LTD. UEN: 202206087M , Singapore, Active | Feb 22, 2022 | - | - |
Rakkar Digital's acquisition details
Rakkar Digital got acquired by DV8 on Mar 23, 2026.
Click here to take a look at Rakkar Digital's acquisition in detail
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Rakkar Digital's funding and investors
Rakkar Digital has raised a total funding of $10M over 1 round. Its latest funding round was a Seed round on Oct 31, 2022 for $*****. 1 investor participated in its latest round. Rakkar Digital has 2 institutional investors.
Here is the list of recent funding rounds of Rakkar Digital:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 31, 2022 | 2468746 | Seed | 2929748 | 1334020 | 6872828 | 8625626 |
View details of Rakkar Digital's funding rounds and investors
Rakkar Digital's founders and board of directors
Founder? Claim ProfileRakkar Digital's Board of Directors
Rakkar Digital's board has 3 active members. Mukaya Panich and Arthit Sriumporn are part of team and Adam Levine is independent board member.Here is the list of Rakkar Digital's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 4y 7m | |
Investor | SCB 10X | Current | 4y 3m | |
Independent board member | - | Current | 4y 3m | |
yzmztix | Independent board member | - | Past | 4y 4m |
Rakkar Digital's employee count trend
Rakkar Digital has 16 employees as of Sep 26. Here is Rakkar Digital's employee count trend over the years:
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Rakkar Digital's Competitors and alternates
Top competitors of Rakkar Digital include Cobo, Hex Trust and First Digital. Here is the list of Top 10 competitors of Rakkar Digital, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of digital asset custody and wallet infrastructure solutions | $70M | 70/100 | ||
2nd | Custodian service for digital assets | $104M | 65/100 | ||
3rd | First Digital 2001, Hong Kong (China), Acquired | Custodian solutions for cryptocurrencies | $28.2M | 65/100 | |
4th | Copper 2018, Zug (Switzerland), Series C | Provider of digital asset custody and off-exchange settlement infrastructure services | $791M | 63/100 | |
5th | Unchained Capital 2017, Austin (United States), Series B | Custodian solutions for cryptocurrencies | $106M | 62/100 | |
6th | Blockchain infrastructure and application development services | $19.3M | 62/100 | ||
7th | Bitcoin Suisse 2013, Zug (Switzerland), Series A | DIversified financial solutions for cryptocurrencies | $103M | 60/100 | |
8th | Financial custodian solutions for digital assets | $7.25M | 56/100 | ||
9th | Metaco 2014, Lausanne (Switzerland), Acquired | Cryptocurrency custodian solutions for banks | $18M | 56/100 | |
10th | Custodian services for cryptocurrencies | $100M | 54/100 | ||
22nd | Rakkar Digital 2022, Singapore (Singapore), Acquired | Provider of digital asset custody solutions to financial institutions | $10M | 40/100 |
Looking for more details on Rakkar Digital's competitors? Click here to see the top ones
Rakkar Digital's Investments and acquisitions
Rakkar Digital has made no investments or acquisitions yet.
Reports related to Rakkar Digital
Here is the latest report on Rakkar Digital's sector:
News related to Rakkar Digital
•
Rakkar secures Thailand’s Digital Asset Custodian LicenseAsset Servicing Times•Jan 06, 2025•Rakkar Digital
•
Rakkar Digital Partners with Kiln to Enhance Digital Asset Staking for Institutional ClientsThe Tokenizer•Aug 29, 2024•Rakkar Digital, Kiln
•
Fireblocks Announces First 5 Global Custodian PartnersInternational Business Times•Jul 11, 2024•Fireblocks, CloudTech Group, Zerocap, Zodia Custody and 2 others
•
•
Rakkar Digital announces a collaboration with FigmentThe Paypers•May 20, 2024•Rakkar Digital, Figment
•
Rakkar Digital and OpenEden integrate for tokenised RWA solutionAsset Servicing Times•Nov 15, 2023•Rakkar Digital, OpenEden
•
Onedegree provides Oneinfinity Digital Asset Insurance to Rakkar DigitalTechNode•Sep 14, 2023•OneDegree, Rakkar Digital
•
Rakkar Digital Launches Institutional-Grade Qualified Digital Asset Custodian Services, Powered by FireblocksCrowdfund Insider•Jun 01, 2023•Rakkar Digital, Fireblocks
•
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