Jabbar Launches Kambio Ventures Blockchain Exchange Marketplace

Jabbar, an investor and prolific innovator has announced the launch of new fintech company, Kambio Ventures, a next-generation, blockchain-enabled and fully regulated marketplace for tokenized asset-backed securities. Kambio's blockchain-enabled, fully-regulated platform will be a next-generation exchange dedicated to start-ups.

Kambio Ventures will make the whole start-up investment journey simple, secure and instant. It will provide an attractive, friendly environment for investors, entrepreneurs and institutions.

Members will be able to leverage expertise, access local know-how and have the ability to dial up or down risk by region, sector and even venture capital firm. It will be an ecosystem that advances exchange members forward through active participation, knowledge-sharing and access to dedicated local research and resources.

The launch follows the recent and successful sale of Jabbar's portfolio company Souq.com to Amazon in late 2017 for more than USD 600 million.

According to Samih Toukan, Jabbar partner and Kambio Ventures founder, the current venture capital operating model is complicated and appears outdated – arguably underwhelming both entrepreneurs and investors alike. Both are facing a continuous struggle to secure liquidity, with very long exit cycles.

He said Kambio will be an intuitive, secure, fast, efficient and a regulated ecosystem which will transform the way start-ups operate.

To achieve this the platform will offer tokenized start-up investments with a proprietary Proof-of-Asset token; dedicated secondary market for start-ups providing liquidity, primary market for start-ups with multiple finance rounds, secondary market for start-ups providing liquidity; and access to exceptional start-ups with rigorous due diligence and full life cycle curation.

Hussam Khoury, Jabbar partner and Kambio Ventures founder, adds that the application of blockchain technologies will help redefine many industries as we know them today, in particular financial services.

Kambio will look to lead and collaborate in developing distributed ledger solutions that facilitate investments, trades and custody effortlessly – we see this as gamechanger, that will benefit all stakeholders.

The Kambio platform will launch following regulatory approvals, which is targeted for the summer 2019.

[FREE] Get Our Best Crypto Trading, Mining & Investing Hacks:

*Action Required* Enter Your Email To Get Insight For Trending Coin News & Reviews

I will never give away, trade or sell your email address. You can unsubscribe at any time.


Please enter your comment!
Please enter your name here

3 × 2 =