Tynton Capital signs up with tZERO for digital asset fund issuing
Under the advisory of UAE based Megaldon and the partnership of Gawah Holdings, Tynton Capital, a venture capital and private equity firms has signed an agreement with tZERO ,a leader in financial innovation and liquidity for private companies to provide digitization services for its planned data infrastructure technology fund, which will be issued on the Tezos Blockchain. The fund has a planned offering size of $300 million USD and is expected to trade on the tZERO ATS, following its offering and any applicable regulatory holding periods and confirmatory due diligence.
Founded by Jeffery Thomas, Tynton Capital is a wholly owned subsidiary of Tynton Group, an innovation, funding, and venturing platform focused on the application of technology to transform society. Tynton promotes businesses that deliver sovereign data solutions and brings over twenty years’ experience of the digital economy together with the know-how and a global network to accelerate the growth of digital businesses.
tZERO CEO Saum Noursalehi stated, “We are excited to partner with Tynton Capital to digitize its innovative digital infrastructure fund. Creating access to unique growth investments like this aligns with our mission, and we look forward to collaborating with Tynton on the digitization and trading of future funds.”
The digital infrastructure fund is intended to provide investment capital to accelerate the growth and market reach of innovative businesses, advance the digital economy, build resilience, and leverage the value of sovereign data.
Tynton Group & Tynton Capital Founder Jeffrey Thomas commented, “In the midst of the evolution of the digital society, we are excited to partner with tZERO and Tezos on our first digital infrastructure fund. We believe that tZERO is at the forefront of financial innovation and liquidity for private companies.”