Hivemind Digital Group, the parent of Hivemind Capital, has closed a $17 million strategic funding round led by M&G Investments, part of M&G plc with £371 billion in assets under management. The syndicate also included CPIC Investment Management (HK), Hong Kong’s ZA Bank, FalconX, Sonic Boom Ventures and board members or former senior executives from Man Group, Apollo Global Management, Coinbase, Citi, First Citizens Bank and GoldenTree Asset Management. Founded in 2021, Hivemind said the capital will accelerate tokenization infrastructure and frontier technology investing as assets move onto blockchain rails, and M&G’s Alex Seddon joins its board. The firm cited an industry projection that the tokenized asset market could reach $18.9 trillion by 2033.