The firm will be led by Co-Founder and former CEO of Ether Capital, Michael H. Conn, alongside executives and thought leaders from Outlier Ventures, WazirX (a Binance brand), Kenetic Capital, Wave Financial, gumi Cryptos Capital, Sky Mavis/Axie Infinity, Tokensoft, Singapore University of Social Sciences, and Zilliqa Research
SINGAPORE--(BUSINESS WIRE)--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, today 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. Founded by a highly experienced Board of Directors and management team, 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.�
Zilliqa Capital will be led by financial services veteran Michael H. Conn, the firm�s Chairman, Chief Executive Officer, and Co-Chief Investment Officer. With an established career across both the traditional financial services and digital assets space, Mr. Conn has held senior leadership positions at AllianceBernstein, Soci�t� G�n�rale, Trust Company of the West, AsiaVest, and Quail Creek Ventures, having been responsible for portfolio management, strategy, M&A, operations, sales, and marketing across Asia, North America and Europe. Additionally, he served as the Co-Founder, CEO, and Director of Ether Capital (ETHC: NEO), the first Ethereum-focused publicly-traded company, where he successfully led a $45 million private placement raise and public listing.
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.�
In addition, Nischal Shetty (Founder and CEO of WazirX, a Binance brand), Miko Matsumura (General Partner of gumi Cryptos Capital), Jehan Chu (Founder and Managing Partner of Kenetic Capital), Mason Borda (Founder and CEO of Tokensoft), Ben Tsai (President & Managing Partner of Wave Financial), Professor David Lee (Professor of Blockchain at Singapore University of Social Sciences), Rumi Morales (Partner & Head of Venture at Outlier Ventures), and Jiho Zirlin (Co-Founder of Sky Mavis/Axie Infinity), will join the firm�s board of directors. This team of experienced financial services executives, technologists, and innovators across the fintech, gaming, and blockchain space will contribute valuable insights on growth and investment opportunities, as well as the company�s governance.
About Zilliqa Capital
Zilliqa Capital Pte. Ltd. is a Singapore-based technology company whose objective is to become the central business and investment hub for the high-performance, high-security blockchain platform Zilliqa. Driven by a mission to grow the financial ecosystem across Southeast Asia and India, Zilliqa Capital invests in financial technology and decentralized applications and use cases in areas such as investments, insurance, lending, payments, and remittances. Leveraging its board of directors consisting of financial services executives, seasoned entrepreneurs, and technologists, Zilliqa Capital�s strategy will be driven by a strategic holding in the Zilliqa platform while simultaneously nurturing and investing in Web 3.0 projects with high-growth potential across the broader blockchain ecosystem.
For more information, please visit zilliqacapital.com.
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