Liquefy announces partnership with 1.5bn USD investment firm Infinity Group
Liquefy, a technology solution that enables innovative business models through blockchain technology and digitization, has announced its partnership with Infinity Group, a China, Israel and US based cross border investment fund with over US$1.5bn in AUM
Liquefy has also teamed up with
Innonation, a platform that fosters cross border relationships between Israeli and Chinese entities. These partnerships are aimed at transforming China joint venture model, by leveraging on blockchain technology to allow ease of transaction and greater transparency for cross-border assets and for promoting cooperation among Israeli, international and Chinese companies.
"Years of experience working on cross-border China deals have provided us with insights towards methods with greater likelihood for success when entering China ," says Amit Gal-Or of Innonation. "We believe that utilization of the blockchain can help these insights manifest to concrete models that can benefit the whole ecosystem."
Liquefy D igitization Platform, the first product of Liquefy, will enable digitalization of a variety of asset classes, including but not limited to private companies, funds, real estate, and commodities. Digital securities will not only enable issuers to raise capital faster, easier and cheaper while unlocking liquidity for investors but can also create innovative business models by incentivizing key partners to contribute to the issuer's business. Liquefy's partnership with Innonation and Infinity Group will enable a new type of joint venture model for Israeli private companies and funds entering the Greater China Region.
Liquefy and Innonation will collaborate on leading the initial batch of digitization projects for Israel technology companies and venture capital funds. Liquefy will be responsible for the technology stack while Innonation will provide strategic advisory and capital introduction. The first project is expected to be launched in Q2 2019.
There is a lot going on in digitizing assets. Currently the leading securitized digital assets providers are Polymath and Neufund. But there are many more out there. As there is a demand for security tokens but not that much offering we expect to see new platforms and providers popping up. Interested to see when will we reach saturation point. Will it be a short fuse just like the ICO boom?
Read more about the report on security token offerings in 2019 from Kepler.