Coinschedule and Trecento Blockchain Capital Launch Joint Fund for Startup Investing
Coinschedule and the Trecento Blockchain Capital platform has just announced their launch of a joint investment fund that they will be calling the Coinschedule Trecento BC Fund. The investment fund will be focusing its efforts in investing in the early stage blockchain companies; this is including the equity-based deals and token offering.
More On Coinschedule
Coinschedule is a British blockchain portal, which was founded in 2016, by two of the early adopters of the blockchain technology. The company has been able to develop some unique algorithms that is called the Coinschedule TrustScore. All this has been made possible thanks to the scientists who are based in the University of Oxford.
The algorithm has been designed in a very unique manner, as it is able to assign some credibility score to each of the blockchain technology projects, which has been based on several data points.
Through there intensive research, the company found that the blockchain projects within the market have been able to score high with the use of the TrustScore algorithm; thus, they tend to perform much better in the long run. The joint fund will ensure it uses this information together with the expertise within the market, to ensure they select the best potential investment project they should get into.
Then from here, the Trecento Blockchain Capital team will go ahead to assess the presented opportunity before a final decision is made on what project they should invest in.
More On Trecento Blockchain Capital
The Trecento Blockchain Capital was established in 2018 as an asset management company, a platform that is fully dedicated to the blockchain technology. The company is also part of the diverse Trecento Group that was founded in the year 2012 by Alice Lhabouz. Who already owns the Trecento Asset Management a company that is managing the circa $200 million, this is on behalf of the institutional investors.
The primary aim behind the company is to ensure that they generate significant results for the current investors in the platform. This is by ensuring that they invest in the best blockchain technology project that is able to offer a long term view, all this to be achieved within the regulated and compliant legal framework.
A Lot To Expect From The Partnership
According to the CEO of Coinschedule, Alex Buelau, they are very excited about the new partnership that they have gotten into with such a young and promising team. A team that will be able to bring on board all their expertise plus best practices that they have gained from the traditional financial market into the growing blockchain technology world.
According to the founder of Trecento Blockchain Capital, Alice Lhabouz, said that they are also looking forward to helping in funding the promising projects that they find in the market. At a time, she recognizes to be a difficult time to raise the needed funds to ensure a project is successful. She goes ahead to say that the partnership will enable them to find the best projects that will bear the necessary fruits of success.
It is clear that the fund is eager to provide the institutional investors who are anxious to benefit from the fruits the blockchain technology is offering. The two companies will be working closely together, thus, expect to see the launch of the fund in the next few weeks along with the new fund tracking section that will be on the Coinschedule portal.