\n Venture fund invests in serial entrepreneur late-stage equity blockchain companies <\/p>\n
SINGAPORE –\u00a0Media OutReach<\/a>\u00a0– 1 September 2021 –\u00a0True Global Ventures (TGV) announced its recently closed True Global
The TGV 4 Plus fund has invested in five companies to date: Animoca
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Jay Liang, Founding Chairman, Hong Kong Blockchain Association; and
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Financial institutions are a key growth driver as they look to
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With the growing recognition of blockchain equity as an asset class,
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TGV 4 Plus’ 40 partners contributed 27% of the fund, together with
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“The TGV team has created incredible value for their portfolio
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The 57th True Global Ventures Conference<\/a> will
\nVentures 4 Plus (TGV 4 Plus) Fund, the world’s first truly global blockchain
\nequity fund was oversubscribed\u2014surpassing its US$100 million target. The fund
\nis dedicated to blockchain companies, primarily in late-stage Series B and C
\nacross four verticals: Entertainment, infrastructure, financial services, data
\nanalytics and artificial intelligence (AI).<\/p>\n![](\"https:\/\/release.media-outreach.com\/release.php\/Images\/Thumb\/500x0\/173579\/TGV-4-Plus.jpg#image-173579\")
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\nBrands, unicorn global market leader in “Play-to-Earn” blockchain gaming and
\nnon-fungible tokens (NFTs); Forge Global, global market leader in secondary
\nprivate markets; The Sandbox, global market leader in gaming metaverse; Canada
\nComputational Unlimited, Bitcoin mining company with 100% renewable energy and
\nQuantumRock, AI asset management market leader. Under TGV 4 Plus, these
\nportfolio companies have seen material value creation and commercial traction
\nin the past months.<\/p>\n
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\nManaging Partner, OES Capital Group & GSR Matrix Fund, said, “I’ve seen how
\nTGV invests not only money but extensive effort and introductions to help grow
\ntheir portfolio companies. They are simply serial entrepreneurial partners with
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\ndeploy blockchain applications in NFTs, enterprise blockchain solutions,
\ndigital identities, digital currencies, and decentralized finance (DeFi).
\nIncreased commercial adoption of distributed ledger technologies (DLTs) such as
\nblockchain will accelerate the mainstream adoption of digital currencies.<\/p>\n
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\nTGV plans for more equity funding rounds, following the TGV 4 Plus Fund launch.<\/p>\n
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\nentrepreneurs, business angels, family offices and institutional investors,
\nmany with co-investment rights in future equity rounds. The partners help
\nportfolio companies with commercial relationships, investment promotions,
\nintroductions to VCs, loans, and private equity firms for refinancing, and
\ncompany acquisitions and exits.<\/p>\n
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\ncompanies by helping them with client and partner introductions, and also with
\nnext round financing and exits,” added Luke Lim, Managing Director, Phillip
\nSecurities.<\/p>\n
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\nbe held on September 16, 2021. Visit <\/a>www.tgv4plus.com<\/a>
\nfor more information.<\/p>\n
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