According to Deep Tide TechFlow News, on May 8, ET Realty reported that the blockchain-driven real estate tokenization trading platform Alt DRX announced the completion of a $2.7 million Pre A financing round. This round of financing was participated in by institutions such as Qatar Development Bank, Times of India Brand Capital, Hindustan Media Ventures, Zee Group, WeFounder Circle Angel Fund, and nX Capital, while also attracting support from angel investors like Harsha Bhogle, Parthasarathy, and Richard Rekhy. Alt DRX is headquartered in Banga

Alt DRX has completed a $2.7 million Series A funding round, with the funds to be used to establish a blockchain-driven digital real estate exchange, supporting users to invest in tokenized residential properties, collaborating with a regulatory sandbox to promote platform development.