About Propine
Propine is a company based in Singapore (Singapore) founded in 2018 by Tuhina Singh and Liang Zan Wong was acquired by Komainu in October 2024.. Propine has raised $1.6 million across 1 funding round from investors including Komainu, Decacorn Capital and SGInnovate. Propine offers products and services including ProTect™ Digital Securities Custody and Dash™ Asset Tokenization. Propine operates in a competitive market with competitors including Cobo, Metaco, Hex Trust, Unchained Capital and Finoa, among others.
- Headquarter Singapore, Singapore
- Founders Tuhina Singh, Liang Zan Wong
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Propine Technology Pte Ltd
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Products & Services of Propine
Propine offers a comprehensive portfolio of products and services, including ProTect™ Digital Securities Custody and Dash™ Asset Tokenization. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Secure storage and management of digital securities for institutions.
Platform for simplifying tokenization of real-world assets.
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Funding Insights of Propine
Propine has successfully raised a total of $1.6M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.6 million completed in November 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $1.6M
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First Round
First Round
(23 Nov 2018)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2018 | Amount | Seed - Propine | Valuation | Decacorn Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Propine
Propine has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Komainu, Decacorn Capital and SGInnovate. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage deep tech startups are funded by SGInnovate in Singapore.
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Founded Year | Domain | Location | |
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Early-stage blockchain companies are invested in by LuneX Ventures.
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Provider of a program turning individuals into funded technology company founders
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Propine
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Propine
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Propine Comparisons
Competitors of Propine
Propine operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cobo, Metaco, Hex Trust, Unchained Capital and Finoa, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Digital asset custody and wallet infrastructure solutions are provided by Cobo.
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| domain | founded_year | HQ Location |
Cryptocurrency custody solutions are provided for banks.
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| domain | founded_year | HQ Location |
Custodian service for digital assets
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| domain | founded_year | HQ Location |
Cryptocurrency custody solutions with multi-signature storage are provided.
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| domain | founded_year | HQ Location |
Custodian solutions for cryptocurrencies and digital assets are offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Propine
Frequently Asked Questions about Propine
When was Propine founded?
Propine was founded in 2018.
Where is Propine located?
Propine is headquartered in Singapore, Singapore.
Who is the current CEO of Propine?
Tuhina Singh is the current CEO of Propine. They have also founded this company.
Is Propine a funded company?
Propine is a funded company, having raised a total of $1.6M across 1 funding round to date. The company's 1st funding round was a Seed of $1.6M, raised on Nov 23, 2018.
What does Propine do?
Propine was founded in 2018 in Singapore as an online platform focused on digital assets. Institutional-grade custody solutions for cryptocurrencies and digital securities are provided, alongside tokenization services for real-world assets that support fractional ownership and liquidity. Reporting services for institutional investors are available, covering holdings details, corporate action notifications, token-raised asset risk management, and tailored risk facilities. Operations center on the cryptocurrency sector with global reach.
Who are the top competitors of Propine?
Propine's top competitors include Hex Trust, Cobo and Unchained Capital.
What products or services does Propine offer?
Propine offers ProTect™ Digital Securities Custody and Dash™ Asset Tokenization.
Who are Propine's investors?
Propine has 6 investors. Key investors include Komainu, Decacorn Capital, SGInnovate, LuneX Ventures, and Entrepreneur First.