Source: blockchain.news
According to a press release dated Jan. 18, United States-based capital markets consultancy and token offering platform Deal Box has established a new venture capital arm that will invest a total of $ 125 million in blockchain and Web3 companies.
The fund that will be used to make investments in companies operating in the growing growth, real estate, fintech, funtech and social impact sectors will be called Deal Box Ventures.
The following statement was issued by Deal Box Founder and Chairman Thomas Carter in response to the recent development: “Our partnership with Deal Box Ventures marks a significant achievement on our journey to become an investor in the most innovative and potentially most innovative game of the blockchain industry. -Evolving startups. By simplifying and rethinking conventional fundraising processes, we will equip these startups with the resources and financial environment they need to succeed.”
By acquiring shares in each of the aforementioned businesses, Deal Box was able to make its initial investments in the companies Total Network Services, Rypplzz and Forward-Edge AI, respectively.
To integrate digital and real elements and facilitate the creation of location-based experiences, Rypplzz uses blockchain technology.
While Total Network Services claims it has developed a universal blockchain communication identifier to improve the security of supply chains, Forward-Edge AI claims it is using the same technology to improve the human condition.
Before initiating its investment arm, Deal Box was already a pioneer in its industry in providing legal, accounting and cap table advisory services to start-up founders.
One component of his approach that applies to digital securities is the issuance of tokenized bonds or shares by corporations as a method of gaining access to investor money. This is one of the aspects that concern digital values.
Since its founding in 2005, the firm claims that it already has more than 500 satisfied customers.
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