(MENAFN – GetNews) Redclays Capital, a Private Equity and Venture Capital group that invests in early stage to expansion companies with fast growth, is partnering with Crowdnext Corp to focus its top investments in blockchain startups.
Crowdnext Corp, New York based a Venture fund investing entirely in cryptocurrencies and digital assets, started to focus, making major startup investment focused on Blockchain Startups. While not a VC-backed startup in the traditional sense, a substantial amount of the funding came from prominent Cayman Islands based Redclays Capital Private Equity Fund of Fund dedicated with fund size US$ 100 Million focus through Crowdnext in Blockchain, AI, Automation, Machine Learning and IOT’s.
Moving forward, the implications of recent legal advancements, suggest venture capital funds may start to shift away from an obsession in cryptocurrency exchanges and toward real-world use cases involving physical and intellectual property. Healthcare, IoT, gaming and industrial applications are just a few prominent sectors to benefit from recognition of digital assets and Blockchain-based data being considered as highly secured.
While blockchain can be used for a variety of real-world applications, its use in fin-tech as the foundation for cryptocurrency and asset trading is still king when it comes to VC-backed investments. This shows that financial technology on the blockchain is certainly going to disrupt things in the future.
Redclays Capital’s partnership with Crowdnext Corp is the start of a new run for its major investments in the blockchain space. At Redclays Capital they help their entrepreneurs better capitalize on their ideas in the fast moving local and global markets.They blend the investment approach and ability of a totally self-determining Private Equity firm with unique access to vast geographic and industry resources.
For more information, please visit: www.redclays.com
Company Name: Redclays Capital Private Equity Fund
Contact Person: Srini Chakwal
Email: Send Email
Country: United States