G2D Investments – a global investment platform investing in disruptive, high-growth, pre-IPO-stage companies in Brazil, the US and Europe – announces its original investment in the Bitcoin Market of R$ 13.6 million, carried out in January, reached a 19-fold appreciation, reaching more than R$ 240 million. The company is a direct investor in 2TM Participações, the controller of the Bitcoin Market, which last Thursday announced that it had received an investment of R$ 1 billion made by SoftBank.
Last May, G2D had already received R$31 million with the listing of Coinbase brokerage on Nasdaq, a company in which it was also an investor. This equates to a return of more than 33 times the initial investment. According to Carlos Pessoa, director of investor relations at G2D, the Coinbase and Bitcoin Market events represent a gain of more than BRL 270 million in the company’s equity (NAV), which corresponds to an appreciation of more than 61% of the pre-IPO G2D balance sheet. Equity (NAV) per share jumped from R$ 6.35 to R$ 8.94 after the two events.
Recommended AI News: Kovack Securities Selects Entreda To Provide Industry-leading Cybersecurity Compliance Platform To Financial Advisors And Registered Representatives
“Our experience with Coinbase served as an inspiration for investing in the Bitcoin Market”, says Carlos Pessoa . “This reinforces our thesis that being present in investment at a global level helps us to better see some opportunities.”
In the case of Coinbase, G2D sold 100% of its position when the brokerage made the IPO on Nasdaq. As for the Bitcoin Market, G2D continues with the investment, since the cryptocurrency platform and digital assets is still in a stage of accelerated growth in value. Therefore, the G2D investor has the opportunity to have the Bitcoin Market in the portfolio, even if the company is not listed on the stock exchange. These two cases demonstrate the flexibility of G2D in the face of liquidity events, being able to fully exit and monetize its participation or maintain its position to continue participating in the generation of asset value.
According to Pessoa, having these companies in the portfolio is part of G2D’s strategy of investing in the infrastructure of the new digital economy of the Brazilian financial market, which also includes investments made in Blu Payments and Cerc. “All these companies are focused on making transaction costs lower, contributing more efficiently to the market”, explains the executive.
Recommended AI News: First Financial Sees 225% Increase in Site Search Usage with Yext Answers
Newly debuted at B3, after an initial public offering (IPO) held in May, G2D Investments is also a shareholder in the global investment house The Craftory, a kind of 21st century Unilever, as it prioritizes investments in disruptive brands of goods. consumption, capable of creating positive social and environmental impact.
Highlights of the portfolio include plant-based foodtech NotCo, clothing brand TomboyX, which rejects gender stereotypes, biodegradable detergent capsule maker Dropps and sustainable bamboo-based infant diaper producer Dyper. “We invest in companies capable of understanding the demands of a new, more inclusive and sustainable model of society”, highlights Pessoa. “The strong growth of invested brands shows that we are on the right path.”
For Pessoa, companies invested by G2D, especially those operating in the United States, have enormous potential for appreciation, as they are in the largest consumer market in the world. “This type of asset, still under development, is generally available to institutional and qualified investors. Now, through G2D, it is now also within the reach of any investor on the Brazilian stock exchange and with unique differentials: stock market liquidity and global portfolio investments”, emphasizes the executive.
Recommended AI News: DFIN Launches ContractTracker for Small and Medium-Sized Businesses
Comments are closed.