How Axiology is Accelerating the Modernisation of Europe’s Capital Markets

Axiology, simplifying access to digital fixed-income instruments by providing infrastructure that connects businesses and retail investors, led by Marius Jurgilas, Andrius Košuba, Andrius Mamontovas, and Algirdas Neciunskas, has raised €5 Million in seed funding led by Exponential Science, e2vc, and Coinvest Capital. It was joined by new investors TIBAS Ventures and Plug and Play. The seed round is also supported by the previous round investors like BSV Ventures, NGL Ventures, and others. To date, Axiology has raised €7 million.

Axiology has raised €5 million in seed funding to expand its capital markets infrastructure under the EU DLT Pilot Regime, enabling end-to-end issuance and management of tokenised fixed-income securities within a single regulated platform.

Axiology aims to unify Europe’s fragmented capital markets through its rare DLT Trading and Settlement System licence, one of only a few issued under the EU DLT Pilot Regime. The licence enables issuance, custody, trading, and settlement to operate within a single regulated platform, reducing complexity and costs for market participants.

“Europe’s Savings and Investment Union requires new market infrastructure, not just policy,” said Marius Jurgilas, Founder and CEO of Axiology. “The Market Integration Package and DLT Pilot Regime provide the legal framework, and this funding enables scaling of a unified, regulated platform for European capital markets.”

“Capital markets are shifting as issuers, infrastructures, and regulators seek more efficient ways to manage securities lifecycles,” said Jochen Metzger, Board Member and retired Bundesbank official. “Axiology is among the few platforms capable of handling all stages within a single regulated system, addressing Europe’s market fragmentation. This investment reflects strong confidence in the platform’s ability to meet modern market needs.”

Accessibility remains a challenge: European retail investors can buy ETFs for a single euro but face limited access to government bonds, despite their safety. Technologically, bonds can be issued in retail-friendly denominations, but market infrastructure has been a barrier. Axiology’s system addresses this by providing a regulated infrastructure to make digital bonds widely accessible.

“Axiology is addressing a major challenge in finance: fragmented markets and limited access to core instruments,” said Dr. Paolo Tasca, Founder of Exponential Science. “By rebuilding capital markets infrastructure on compliant distributed ledger systems, they are making markets faster, cheaper, and more inclusive, precisely the kind of transformative technology Exponential Science supports.”

Axiology is collaborating with Lithuania’s Ministry of Finance to create a digital version of the country’s Government Defence Bonds. Traditionally distributed through local institutions, these bonds would become accessible across the European Economic Area via Axiology’s TSS, broadening investor participation, including the Lithuanian diaspora, and supporting a wider funding base for national defence.

Since launching in September 2025, Axiology has introduced three services: a securities depository, shareholder registry management, and a Multilateral Trading Facility (MTF). The depository is already used by crowdfunding platforms, enabling them to structure debt as bonds and distribute them to investors, expanding asset offerings and supporting portfolio diversification.

Axiology’s shareholder registry management is live in Lithuania, with over €21 million in shares recorded, and plans are underway to expand internationally. The newly launched Multilateral Trading Facility (MTF) benefits from Axiology’s rare licence and integrates with its unified infrastructure, giving clients seamless access to depository, trading, and settlement services from day one.

“We’re excited to support Axiology in this next growth phase,” said Kaan Eren, Partner at e2vc. “The team has built a strong platform with clear international ambition, and we look forward to helping scale it further in the region and beyond.”

Designed for institutional clients, Axiology’s system runs on a private, permissioned network offering regulatory compliance, transaction finality, and tamper-evident audits. Leveraging DLT and licensed European stablecoins, it enables near-instant execution compared with traditional T+2 settlement cycles.

“We are delighted to continue backing Axiology alongside new international investors,” said Viktorija Trimbel, CEO & Managing Director of Coinvest Capital. “The founders are building safe, efficient, and affordable access to Europe’s capital markets, fully aligned with our mission to create a more inclusive financing ecosystem and close key market gaps for companies and investors.”

The new funding will accelerate Axiology’s growth, strengthen institutional partnerships, and support geographic expansion and interoperability. The company plans to participate in wholesale CBDC initiatives like the ECB’s Appia and Pontes projects and connect with TARGET2 to streamline settlement flows.