Blockchain
X Financial Announces its Investment in a VC Fund Managed by Dragonfly Ventures II, L.P.
X Financial (NYSE: XYF) (the “Company” or “we”), a leading technology-driven personal finance company in China, today announced commitment to invest in an aggregate amount of US$10 million in a VC fund managed by Dragonfly Ventures II, L.P. (“Dragonfly”) for blockchain industry investment opportunities. Dragonfly is a venture capital fund focusing on the blockchain industry with its long-term value investment strategy and research-driven process. Dragonfly has made investments in some of the leading blockchain platforms including Maker, Compound, Celo, UMA, etc.
The Company believes that this investment can bring an opportunity of exploring innovative technologies and the potential for improved profitability in long term, which is in line with the Company’s business strategies.
Blockchain
CoreNest Capital, Sologenic’s VC partner, invests in Texture, a U.S.-based broker-dealer, to launch SoloTex, a new platform for trading tokenized equities
Sologenic + Texture = SoloTexAs a result of a strategic partnership between the Sologenic Development Foundation and Texture Capital Inc., a FINRA—and SEC-licensed broker-dealer, SoloTex aims to be the ultimate gateway to tokenizing and trading capital markets on demand.This innovative approach leverages tokenization to introduce features like enhanced liquidity, fractional ownership, and quicker settlement processes, offering a more efficient way to manage and exchange assets.Join the waitlist at SoloTex.com to learn more.
Blockchain
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