Blockchain
Marbanc International to Deploy USD150 Million in Growth Companies Over Two Years
New York, New York–(Newsfile Corp. – June 22, 2023) – International private equity group Marbanc International Corporation has announced plans to deploy USD150 million in growth stage companies over the next two years. The group’s plans follow the recent appointment of former St George Bank and BOQ Senior Executive Rhyll Gardner, ex Sydney Stock Exchange CEO Michael Go, and seasoned California-based M&A lawyer Christopher Moritz to the company’s board of directors.
Gerard Sivaprasad, Executive Chairman for Marbanc International, says the company is considering a range of USD5-25 million and will be focusing in growth sectors including fintech, banking, big tech platforms, and distressed asset opportunities in real estate and other tangible assets. The target markets of interest include Australia, United States, India, South-East Asia and Europe.
In recent months, Marbanc has been exploring opportunities to fund management buyouts and strategically deploy capital to restructure and strengthen distressed businesses impacted by rising interest rates. In particular, the group is seeking opportunities to take stakes in businesses which are readily scalable through effective customer acquisition strategies.
The group’s USD150 million capital allocation is estimated to fund around a dozen distinct opportunities, enabling the group to further diversify its interests in new markets. The recent board appointments bring deep expertise in corporate finance, merger, acquisition and legal expertise for the continued expansion of the group.
Companies seeking funding are encouraged to complete Marbanc’s funding application form on its website at www.marbanc.com.
About Marbanc International
Marbanc International is a globally focused investment conglomerate. We fund good businesses, ideas, and people. Marbanc International was established to capitalise on the abundance of opportunities in our key focus areas. We create value by delivering capital and growth capabilities to ensure the assets we invest in reach their full potential.
Contact:
Gerard Sivaprasad, Executive Chairman
[email protected]
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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