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Fasset, a platform<\/a> that enables cryptocurrency trading, raised $22 million in a Series A funding round that it will use to develop new products and expand its digital asset-driven remittance services in Asia.<\/p>\n The new investment in the London company, which offers zero per cent trading fees, was led by New York-based Liberty City Ventures and Pakistan’s Fatima Gobi Ventures. Soma Capital and MyAsiaVC also participated in the round, it said in a statement on Friday.<\/p>\n The funding comes a day after the financial technology<\/a> company said it had received authorisation to expand its operations in the EU, which will allow it to connect the remittance corridors of the global diaspora to their home markets.<\/p>\n Fasset is focused on promoting “financial inclusion and democratising access to opportunity by enabling a new wave of digital asset owners in our target emerging markets”, said Mohammad Raafi Hossain, co-founder and chief executive of Fasset.<\/p>\n “Asset ownership is the strongest way to power healthy livelihoods and economies. Digital asset-driven remittance corridors can unleash a new wave of socioeconomic prosperity through unique product offerings that we\u2019re diligently building,\u201d said Mr Hossain, a former adviser to the UAE Prime Minister\u2019s Office<\/a>.<\/p>\n