INVAO has completed the second of four subscription rounds for its IVO – Blockchain Diversified Bond. The global blockchain investment manager is approaching its target fundraising volume of 20 million U.S. dollar.
During the second round of its Security Token Offering (STO), INVAO secured an individual investment of five million U.S. dollar by Investech Partners. Investech is a global investment management and advisory firm focused on developing and investing in blockchain-based financial products and services.
“With Investech, we have gained a strategic investor who shares our vision of building a bridge between the traditional financial world and the blockchain ecosystem,” said Frank Wagner, CEO and Co-Founder of INVAO.
“Investech Partners focuses on high-growth markets and industries that outperform market returns. The IVO – Blockchain Diversified Bond is an excellent addition to our portfolio of investments as we aggressively ramp up our investments in emerging digital assets classes and technologies,” said Thomas Stray CEO Investech Partners.
INVAO secured an individual investment of five million U.S. dollar by Investech Partners
IVO is a tokenized zero-coupon bond that complies with all regulatory requirements of the Liechtenstein Financial Market Authority. In the first half of 2019, IVO outperformed its benchmark index CCi30 by more than ten percent. INVAO currently issues IVO bond shares exclusively through a Security Token Offering. Upon completion of four fundraising rounds, investors may trade the tokenized bond as a liquid asset on relevant trading venues as well as peer-to-peer.
INVAO has entered into several strategic partnerships
With the launch of the third fundraising round, INVAO has entered into several strategic partnerships. In July, the Investment Manager has become a member of the Blockchain Bundesverband Bundesblock, which aims to promote blockchain technology in Germany. INVAO has also teamed up with Finoa, a Berlin-based provider of digital asset banking, to ensure secure asset custody for INVAO’s digital investment products. In spring 2019, INVAO was selected by the SEED Group in Dubai, an association of diversified companies owned by Sheikh Saeed bin Ahmed Al Maktoum’s Private Office, as the exclusive international partner for the United Arab Emirates Blockchain Strategy 2021.