Horizon Globex has just released news that their on-going $5M Series A is being met with enthusiasm. This is demonstrated by the recent investment (undisclosed amount), by Element.
The announcement of a Series A first caught our attention months ago. At the time, we took a closer look at the offering, and what it is the company was hoping to achieve. The overall goal is to leverage their currently suite of services to address the following areas.
- Global expansion of digital marketplaces
- Research and development
- Strategic acquisitions
- Sales and marketing
- Develop a Multi-Lateral Trading Facility (MTF)
Strengthening the Ranks
Very rarely does a team have the perfect personnel from the get-go. Positional transitions and hiring are crucial to ensure the continued progress of a project in the right direction.
As Horizon Globex hopes to continue trending upwards, they have looked beyond just the aforementioned investment by Element, and onboarded the CEO of a strategic advisor and shareholder of the company – James Haft.
James Haft will be joining the Horizon Globex team as the new Chief Strategy Officer. A position well suited for him, as he brings decade’s worth of experience to the table within high-ranking positions.
Naturally, the addition of James Haft to the ‘C-Suite’ at Horizon Globex garnered responses from both himself, and CEO, Brian Collins. The following is what each had to say on the team’s expansion.
Brian Collins, CEO at Horizon Globex, stated,
“James has been a proactive supporter in our mission to usher in the next generation of investing and trading…His years of experience as a merchant banker, investor and hands-on venture builder makes him an invaluable resource as we continue to scale our software licensing business and trading-operations services.”
James Haft, newly appoints CSO at Horizon Globex, stated,
“Horizon has solid plans for its compliance and trading technology which I believe will lower the barrier of entry and speed up adoption for issuers, investors, and other market participants who want access to new markets. Horizon has the opportunity to be a leader in the digital asset creation and trading industry globally.”
Founded in 2010, Horizon Globex maintains operations in Zug, Switzerland. The team behind the company has developed a variety of solutions geared towards the digital securities sector – allowing them to function as a ‘Software-as-a-Service (SaaS)’ provider.
CEO, Brian Collins, currently oversees company operations.
This publicly traded company acts primarily as a strategic investment firm. While now delving into digital securities, Element maintains a focus on the mineral sector.
CEO, Geir Johansen, currently oversees company operations.
Founded in 1996, PALcapital is a seasoned company with decades of experience as an investment bank. The company has a notable interest in tech based companies, with over 50 examples/investments to date. With this being the case, an entrance into digital securities through Element is a logical progression.
It is noted in the aforementioned release that, “PALcapital is guided by the core belief that decentralized, open innovation will determine the future of asset ownership, business services, social and economic cooperation and capital formation”
CEO, James Haft, currently oversees company operations.