Rakkar Digital - About the company
Rakkar Digital is an acquired company based in Singapore (Singapore), founded in 2022 by Arthit Sriumporn. 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 80 active competitors, including 21 funded and 13 that have exited. Its top competitors include companies like Cobo, Hex Trust and Bitcoin Suisse.
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
Key Metrics
Founded Year
2022
Location
Singapore, Singapore
Stage
Acquired
Total Funding
$10M in 1 round
Latest Funding Round
Ranked
25th among 80 active competitors
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 | Documents |
|---|---|---|---|---|
RAKKAR DIGITAL HOLDINGS PTE. LTD. CIN: 202206087M , Singapore, Active | - | - |
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 | 1578184 | Seed | 6510084 | 1904904 | 6555041 | 1027849 |
View details of Rakkar Digital's funding rounds and investors
Rakkar Digital's founders and board of directors
Founder? Claim ProfileThe founders of Rakkar Digital is Arthit Sriumporn. Arthit Sriumporn is the CEO of Rakkar Digital.
Here are the details of Rakkar Digital's key team members:
- Arthit Sriumporn: Founder & CEO of Rakkar Digital. They serve on the board of 1 company.
Rakkar Digital's Board of Directors
Rakkar Digital's board has 3 active members. Arthit Sriumporn and Mukaya Panich 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 | 3y 11m | |
Investor | SCB 10X | Current | 3y 7m | |
Independent board member | - | Current | 3y 7m | |
wfgtbxp | Independent board member | - | Past | 8y 1m |
View details of Rakkar Digital's Founder profiles and Board Members
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Rakkar Digital's Competitors and alternates
Top competitors of Rakkar Digital include Cobo, Hex Trust and Bitcoin Suisse. 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 | 74/100 | ||
2nd | Custodian service for digital assets | $104M | 70/100 | ||
3rd | Bitcoin Suisse 2013, Zug (Switzerland), Series A | DIversified financial solutions for cryptocurrencies | $103M | 63/100 | |
4th | Provider of digital asset custody platform | $10M | 60/100 | ||
5th | First Digital 2001, Hong Kong (China), Acquired | Custodian solutions for cryptocurrencies | $28.2M | 58/100 | |
6th | Custodian services for cryptocurrencies | $100M | 57/100 | ||
7th | Blockchain infrastructure and application development services | $19.3M | 56/100 | ||
8th | Metaco 2014, Lausanne (Switzerland), Acquired | Cryptocurrency custodian solutions for banks | $18M | 56/100 | |
9th | Unchained Capital 2017, Austin (United States), Series B | Custodian solutions for cryptocurrencies | $106M | 56/100 | |
10th | Financial custodian solutions for digital assets | $7.25M | 54/100 | ||
25th | Rakkar Digital 2022, Singapore (Singapore), Acquired | Provider of digital asset custody solutions to financial institutions | $10M | 38/100 |
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
•
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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
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