Highlights
CloudTech Group raises funds primarily in digital currencies for fintech infrastructure
Capital to support launch of CloudTech Custody for institutional digital asset storage
Executive team includes former leadership from established Australian financial institutions
The fintech sector continues to evolve with digital innovation driving a new wave of capital formation. Melbourne-based CloudTech Group, focused on digital asset solutions, has completed a Series A raise with a significant portion of the funding received in cryptocurrency. This development adds further momentum to the emerging intersection of financial technology and blockchain infrastructure. The market activity comes amid ongoing sector growth, including movements on the ASX 200 index.
CloudTech's strategy is aligned with the increasing relevance of crypto-native financial services. The newly raised capital will facilitate the launch of CloudTech Custody, a dedicated solution for institutions requiring secure storage of digital assets such as Bitcoin and stablecoins. This custodial platform aims to support banks, asset managers, and financial service providers as digital finance continues its expansion into mainstream systems.
Custody Solution Targets Institutional Crypto Management
CloudTech Custody has been designed to meet the unique needs of institutional asset custodians. As more organisations seek robust infrastructure for safeguarding digital holdings, the demand for scalable and secure custody solutions is growing. The company plans to integrate this service across its existing fintech suite, supporting a wide range of digital tokens with a focus on compliance and operational transparency.
The service will allow wealth management firms, banks, and superannuation providers to manage crypto holdings through enterprise-grade solutions. The infrastructure has been built with a strong emphasis on regulatory compatibility, aligning with domestic compliance frameworks while offering high-security storage features.
Executive Leadership Draws From Traditional Banking
CloudTech's executive leadership includes professionals with backgrounds in traditional banking and finance. Mandy Jiang, who serves as chief financial officer and executive director, was previously part of challenger bank Judo Bank. The transition from legacy banking to crypto-integrated fintech reflects broader sector shifts, where digital innovation is reshaping financial services delivery.
The leadership team aims to combine financial expertise with blockchain capabilities to serve institutional clients navigating the crypto ecosystem. The firm has indicated that institutional security, transparency, and efficiency will remain central to product deployment and growth strategy.
Digital Currency Capital Reflects Fintech Sector Evolution
In a notable departure from conventional funding models, CloudTech received most of its new capital in digital formats, specifically Bitcoin and USDT. This reflects growing comfort within the fintech sector toward using blockchain-based currencies for operational financing. The digital nature of the funding is consistent with the company’s core focus on decentralized asset management infrastructure.
While traditional financial institutions have slowly expanded their digital asset exposure, CloudTech’s capital structure highlights a broader acceptance of crypto in corporate fundraising. This development aligns with increased attention on decentralized finance solutions across Australia’s fintech landscape.
Market Momentum Builds for Blockchain Infrastructure
As fintech firms expand into blockchain services, the demand for advanced institutional infrastructure is intensifying. Companies like CloudTech are positioning themselves as service providers for a digital economy that increasingly prioritizes secure, scalable, and compliant solutions. The development of services like CloudTech Custody reflects a growing segment of the fintech sector that operates natively within digital asset frameworks.
Ongoing developments in funding methods, technology capabilities, and institutional partnerships are expected to influence the broader fintech ecosystem. These trends are also observed in market activities and sector allocations on key indexes including the ASX 200, where finance and technology continue to drive strategic focus.