Funding box – The consulting platform fundraiser and Token Offerings Deal Box is launching its venture capital arm, which will invest in web3 startups. The company is thus enriching its range of services and pushing its vertical integration strategy a little further, to the benefit of innovative companies seeking capital.
Deal Box Ventures: $125 million for web3 startups
In a recent press release, Deal Box announced the launch of its new venture capital arm, Deal Box Ventures, which will invest 125 million dollars in startups using ‘core Web 3 technologies’, and evolving across five key sectors: Emerging Growth, Real Estate, Fintech, Funtech and Social Impact.
Before the launch of its venture capital division, Deal Box already offered securities tokenization, financial data assistance and corporate governance services to investors (a data room institutional), as well as strategic support for its clients in their fundraising.
With Deal Box Ventures, the company claims to have become one of the first digital securities issuance and investment platforms in the world. vertically integrated.
On paper, the venture capital arm makes it even easier to raise money for “the most promising and disruptive blockchain startups,” in the words of Deal Box founder and chairman Thomas Carter. Deal Box has already invested three web3 startups as part of its initial investments: Total Network Services, Rypplzz and Forward-Edge AI.
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Securities tokenization: the future of fundraising in web3?
The Deal Box release defends its commercial business model based largely on these digital titles. The California, US-based firm claims on its website that it has blockchain technology in place that allows its clients to engage with investors while complying with applicable regulations and creating digital titlesduring the fundraiser.
The announcement references BlackRock CEO Larry Fink’s comments in December that the tokenization of securities will be the “next generation” of this space and markets. The press release also includes figures that the company BCG recently presented, according to which the tokenization of digital assets will constitute a market of 16.1 trillion dollars in the future.
Deal Box therefore wants to increase its exposure to web3 with this arm of venture capital, while some investors have rather reduced their investments in the sector for this year, with the cryptocurrency winter continuing.
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