Funds
SPiCE VC Continues Portfolio Expansion with InvestaCrowd
Growing Portfolio
The SPiCE VC portfolio continues to grow. The trendsetting company has recently announced that they have invested in InvestaCrowd.
Through this investment, SPiCE token holders will now gain exposure to the growing InvestaCrowd. A digital securities platform that operates under a licence given by the Monetary Authority of Singapore. The goal of InvestaCrowd is to not only provide services as an issuance platform for digital securities, but to develop a trading exchange. The development of an exchange is key to achieving the oft touted liquidity that digital securities stand to offer investors.
With this news, the SPiCE VC portfolio now totals 11 promising companies. The following is a list of these projects.
- InvestaCrowd
- Securitize
- Saga
- Slice
- GRAPHPATH
- RNDR
- ROX
- Crypto & Derivatives
- ARCHAX
- IOB
- BAKKT
As made obvious by this list, SPiCE VC is comprised of both promising start-ups and heavy hitters within the burgeoning digital securities sector.
Commentary
The following was a statement made in the press release, regarding the inclusion of InvestaCrowd into the SPiCE VC portfolio.
Tal Elyashiv, Co-Founder of SPiCE VC, stated,
“We are excited about this investment and the partnership with InvestaCrowd. As one of the leading investment banking platforms, and in light of the strong expected growth in tokenizing assets through Digital Securities, InvestaCrowd is set to be one of the fastest growing platforms in the region.”
InvestaCrowd
InvestaCrowd is a Singaporean company, which was founded in 2015. They market themselves as the leading digital securities platform within Asia. They have accomplished this by offering not only the issuance of digital securities, but promise of eventual secondary market trading as well.
The company was co-founded by Julian Kwan, and Alice Chen. Each of these professionals boast impressive resumes, with experience in areas such as real estate and law.
SPiCE VC
SPiCE VC is a venture capital fund tailored towards companies in the blockchain industry. Led by Carlos Domingo, Tal Elyashiv, and Ami Ben-David, SPiCE was one of the first in the world to successfully complete their own digital security offering.
The aforementioned DSO took place in the tail end of 2017.
In Other News
Here are a few articles detailing recent events in the world of digital securities. Of note, is a recent article detailing the very same SPiCE VC discussed here today.
SPiCE VC Invests in Digital Securities Exchange ‘Archax’
SPiCE VC – Reshaping Ownership of Assets
Elevated Returns and Securitize to Utilize Tezos for Digital Securities