Odaily News Shipfinex, a maritime asset tokenization financial technology platform, announced the completion of a $1.5 million seed round of financing, led by Gaurav Mehta, Chairman of Best Oasis Limited and SPM Shipping DMCC, and participated by Vivek Seth, Senior Vice President of ADNOC Logistics & Services, and Yasovardhan Chinn, founder of Nanlian Ship Management LLC. The specific valuation information has not been disclosed. The new funds will support its partial ownership of maritime assets through blockchain, thereby realizing the democratization of maritime finance, and cooperating with the supervision of the Dubai Virtual Asset Regulatory Authority (VARA) to develop a safe and compliant maritime asset token (MAT) market. (accesswire)