Liquefy closes $2.6m Pre-A funding round led by Ideanomics and NEO, solidifying its leading position in the Asian STO market

HONG KONG, July 22, 2019 /PRNewswire/ — Liquefy has announced a $2.6 million funding round led by Ideanomics and NEO Global Development, alongside with other notable investors including Kenetic and East Chain, with over $3.0 million raised since it was founded late 2018. The Investors this round will join seed investor Soul Capital, a Hong Kong-based family office. “We are thrilled to attract investors that could add strategic value with our rapid expansion in Asia,” said Adrian Lai, CEO of Liquefy, “we will be extending our presence in three more markets this year.”
 
Based in Hong Kong, Liquefy is a blockchain agnostic issuance platform for security tokens, and has quickly become the leading Asian player in this nascent space. The company’s primary focus is real estate, with assets in Hong Kong, USA, UK and the Middle East in the pipeline for tokenization. Adrian is very enthusiastic about the potential for tokenization in the exotic asset space, such as sport teams and racing horses. “These are definitely avenues we intend to pursue this year,” Adrian said. Adrian has also detailed funds raised in this round will primarily be used to fund the launch of their investor subscription platform.
 
“It is our mission to help catalyze the digital asset space so we are very pleased to be working closely with Liquefy, through both our investment and deal origination interests. Adrian and his team have significant expertise in the securitized token space and have blended this knowledge with impressive innovations to provide asset holders with a platform where they can quickly and easily gain access to the liquidity they require,” said Alf Poor, CEO of Ideanomics, a NASDAQ listed company. Ideanomics recently purchased a controlling stake in Delaware Board of Trade Holdings (DBOT), a company which possesses an Alternative Trading System (ATS) license.
 
East Chain, a Middle East and Asia based venture capital fund focused on blockchain investment, is hoping to showcase Liquefy’s technology through tokenizing some of their investors’ real estate assets. “Tokenization will be the next wave of application and growth for the technology. We will see lots of value creation in both traditional assets and non-traditional assets such as Premier League football teams,” said Saoud Al-Humaidhi, the Founder of East Chain and a Board Member of Aston Martin Lagonda. Kenetic Co-Founder and Managing Partner Jehan Chu said “Liquefy is pioneering real adoption in the security token space by facilitating major enterprise and corporate clients to tokenize their interests. Their leading effort in Asia is the push the security token industry needs to start the global engine.”
 
Media Contact:
 
Oscar Yeung
(852) 9775-9984
oscar@liquefy.com

SHARE THIS STORY

Share on facebook
Share on twitter
Share on linkedin
Share on email

RELATED POSTS

Off-Chain vs. On-Chain Crypto Transactions: Which One Is Better?

Off-Chain vs. On-Chain Crypto Transactions: Which One Is Better?

Knowledge is power; when it comes to cryptocurrency, the more you know, the better financial decisions you will make. There is a lot to learn within the cryptocurrency space, such as how the different layers of blockchain technology work and which blockchain has the fastest transaction speed. Another important thing you need to know regarding blockchain transactions is the differences between off-chain and on-chain transactions—and which one can save you more money!

5 Essential Tricks to Master Microsoft Excel

5 Essential Tricks to Master Microsoft Excel

Microsoft Excel (MS Excel) is a must-have for any business. It is a powerful spreadsheet software application that allows users to store, organize and analyze data. While Excel is fairly easy to use, it can be tricky to become an expert. Don’t know where to start? We have compiled a list of easy-to-follow hacks that will help you become a pro at Excel!

Top Three Weirdest Mobile Game Advertisements

Top 3 Weirdest Mobile Game Advertisements

Whether on YouTube or Instagram, I’m sure you all must have seen at least one mobile game advertisement. One common trope with today’s mobile game advertisements is that they tend to mislead their audience.
You might have come across these weird ads while scrolling through social media: In the ad for the strategy game “Game of Sultans”, a sultan is fat-shaming his daughter; in the match-three puzzle game “Lily’s Garden” ad, women use washing machines as vibrators.

The Maximalist Fashion Trend Where Did It Come From and Where Is It Going

The Maximalist Fashion Trend: Where Did It Come From and Where Is It Going?

If you Google “maximalist fashion”, you will be swamped with dressing guides dedicated to this “the more, the better” trend published by leading fashion magazines in 2022. Rapidly gaining popularity in the last couple of years, maximalist styles are breaking out of the runway of an Haute Couture fashion show, a red carpet event or a K-pop performance to conquer streets in high fashion neighborhoods.

How Is Technology Influencing the Food and Beverage Industry

How Is Technology Influencing the Food and Beverages Industry?

Food waste, sustainability and animal cruelty are some of the biggest challenges facing the food and beverage (F&B) industry nowadays. Like any other sector, the industry is dipping its toe into technology and innovations to seek solutions. While we are already seeing more food tech solutions in our everyday lives, like plant-based meat alternatives and food waste management startups.