US Capital Global Securities (USCGS) Offers $10 Million for Tokenized Venture Fund, NYCQ Fund


In an announcement made, Monday, July 29, US Capital Global’s affiliate, US Capital Global Securities revealed that it will be adding a blockchain venture fund to its portfolio. In doing so, accredited investors are supposedly being offered access to a $10 million equity investment in CityBlock Capital’s first-ever tokenized venture fund.

CityBlock Capital is the founder of the NYCQ Fund (i.e. The Fund), described as a private digital venture capital fund which does not invest in crypto or utility tokens but rather contributes to the digital economy by supporting blockchain startups.

Said fund also has holdings of big names including the likes of Coinbase, Bakkt, Nomics, and Tagomi among others.

Normally, the blockchain infrastructure investments are made available to institutional investors, but now, accredited investors will also have access to them. This is supposedly done by,

“combining low minimum investment amounts and early liquidity opportunities.”

CEO of the US Capital Global Securities, Charles Towle noted that the firm is in favor of innovative ways to better the digital world. In particular, he shared:

“Our firm is keen to back forward-thinking strategies at the frontline of the digital market era. The opportunity to participate in this $10 million equity investment in the Fund is still open to eligible investors.”

Investors will be considered for this equity depending on their investment, with the current minimum held at $50,00 and a lock-up period of 12 months. It will follow solicitation rules, primarily, Rule 506(c) SEC Reg D and SEC Reg S. Each NYCQ token will be issued at $1, which can be paid using USD, BTC or ETH.

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide