Zilliqa Capital Pte. Ltd., the Singapore-based technology company whose objective is to become the central business and investment hub for the high-performance, high-security blockchain platform Zilliqa Research, has announced its official launch.
Zilliqa Capital will invest in Zilliqa’s native utility token “ZIL” as a strategic asset, and selectively invest in Zilliqa and relevant non-Zilliqa based businesses. Zilliqa Capital has the resources, experience, and relationships to support businesses and invest in industry-shifting disruptive technologies. Through a network of strategic investments, Zilliqa Capital looks to nurture entrepreneurs and developers to further cement Zilliqa’s position as the blockchain platform of choice across Southeast Asia and India, all while enhancing its impact globally, as well.
The goal of Zilliqa Capital is to operate as a permanent capital, ecosystem-focused investment company, that will invest in decentralised and fintech solutions across investing, wealth management, insurance, lending, payments, and remittances, as well as critical infrastructures that will enable Web 3.0.
Michael H. Conn, Chairman, Chief Executive Officer and Co-Chief Investment Officer at Zilliqa Capital, said: “Over time, the fintech industry has made significant inroads in realising the vision of its earliest players: an equitable financial ecosystem, distinguished by accessibility, efficiency, and composability. At Zilliqa Capital, we are firm believers in the long-term, life-changing potential of blockchain technology, reflected in our support for promising projects striving to serve the unbanked and underbanked across the ASEAN and India region. We aim to be pragmatic and not dogmatic in seeking and delivering solutions that broaden access to financial services and products that are both accretive to our investors, as well as to the people served by the companies we support. We believe Singapore to be the ideal hub for the development and growth of our innovative approach to investing in the fintech and digital asset space.”
To solidify and strengthen the bridge across both entities, Zilliqa Research blockchain’s Co-Founder, President, and Chief Scientific Officer, Dr. Amrit Kumar, will also serve as Zilliqa Capital’s Co-Chief Investment Officer and Director. On this launch, Mr. Kumar commented that: “Zilliqa Research will leverage its strategic relationship with Zilliqa Capital and therefore developers and startups building on the Zilliqa platform will have to look no further for their immediate funding needs.”