Fenbushi Capital and 49 Others Invest Over $10M in Hashgard
Hashgard Recieves Over $10 Million in Investment
Many companies thrive on investment – without it, they would never be able to “get off the ground,” so to say. Hashgard, an asset management protocol and next generation digital finance public chain, recently announced its success of raising $10 million from over 50 investment funds, one of which includes Fenbushi Capital and BKFUND. Hashgard is responsible for providing users with one-stop blockchain solutions for asset management involving the blockchain. Further, advisors are those that individuals may be able to count on to provide sound advice, including Bo Shen, the founder of Fenbushi Capital, Shuo Bai, the former chief engineer of the Shanghai Stock Exchange, and Sunny Lu, the co-founder of Vechain.
It’s a wonder that Fenbushi Capital has decided to manage Hashgard and such a project is the first of the platform’s kind. For those who are unware, Hashgard was founded in March 2018 as a public blockchain that provides digital asset management for both individual and institutional investors. Hashgard is also no planning to establish an asset management ecosystem that promotes the connection of various key components that include identity authentication (KYC), prediction markets, and data verification, all available through the user-friendly platform. To date, Hashgard has established a strategic partnership with platforms such as scry.info, another blockchain development project. In addition, it has established ties to Irishnet, another project that focuses on interoperability for the cosmos project.
To date, the company has not announced its interest in releasing an ICO. Rather, to provide community support, the platform will be airdropping tokens. Those who are interested in tokens should follow the platform’s announcements.