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Luxembourg-Based VNX Successfully Completes Europe’s First VC Deal on Blockchain

Luxembourg-based digital asset investment platform VNX Exchange successfully completed the first VC deal in Europe utilizing blockchain technology. The deal sees the issue of 1.1 million Euro of asset-backed tokens linked to the investment into Streami Inc., one of the most innovative blockchain companies in South Korea. Issued on the Ethereum blockchain ERC-20 asset-backed tokens represent claims on the future cash flow from the investment.

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“We are proud to be among the first digital asset investment platforms to launch operations in
Europe. We believe in the future of blockchain based digital assets and are happy to be bringing
that future closer”, – said Alexander Tkachenko, CEO and founder of VNX. Streami is a parent company to a top South Korean crypto exchange – GOPAX and a regulated national crypto depositary service – DASK. It was the first Korean blockchain company to receive an investment from a Korean bank, Shinhan Bank, among other major investors are BluePoint partners, Digital Currency Group.

“VNX is truly an amazing solution for us. It is a great gateway into Europe and a way for South

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Korean businesses to get investors’ attention from across the globe”, – said Junhaeng Lee, co-
founder and CEO of Streami. “This digital solution was very useful for fundraising when faced with the new reality brought by pandemic, lockdown and travel bans. With the money raised we plan to bolster our product and marketing to become a leading provider of financial market infrastructure for crypto in South Korea”, – continued Junhaeng Lee.

VNX facilitates the creation, deployment and maintenance of tokens backed by traditional
assets on public blockchains. Tokenization of assets creates unique opportunities for fractional ownership and cross border investments.

The platform offers integrated digital KYC/AML functionality allowing remote onboarding of
investors in minutes and supports different payment

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  1. […] Read more Here | 2020-09-22 06:52:00 Image credit: source Facebook Twitter Google+ Pinterest […]

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