Ahead of the first listing of Two Prime’s Continuous Token Offering (CTO) FF1 on Liquid.com February 25th, the team of Two Prime announced today that global blockchain fund SPiCE VC will be joining NGC Ventures as part of its Finance Partner Program.
“We are introducing a new breed of cryptocurrency with safeguard mechanisms that will bring real value to investors. It all starts by investing in the highest quality and most innovative crypto funds, projects, and cryptocurrencies in the blockchain space. As a highly-regarded global fund and a leader in the blockchain and tokenization space, SPiCE VC has seen the industry through its booms and busts. They’re pioneers of the tokenized fund, proving to investors first hand the disruptive potential of tokenization. We are excited to have SPiCE VC join us on this journey.”
– Two Prime COO Alexander S. Blum
SPiCE VC + Two Prime
Since the launch of the Partner Program on January 30th, Two Prime reported having received over one hundred applications from a cross-section of ambitious blockchain funds and projects. SPiCE VC stood out with its impressive portfolio and experienced management team. Their portfolio companies include major players in the blockchain and tokenization space such as Securitize, a security token issuance company, and Bakkt, a digital assets security exchange created by owners of the New York Stock Exchange.
“SPiCE VC is thrilled to be part of Two Prime’s allocation portfolio. The team’s proven record of finance and technology innovation positions Two Prime for success. The Continuous Token Offering model is sure to further mature the cryptocurrency industry at a much needed time!”
– SPiCE VC Founder and Managing Partner Tal Elyashiv
“The crypto markets today are just a shadow of what we saw back in 2017 during the ICO boom, continues Blum. “Everywhere we go, investors tell us about the enormous potential of the crypto space but also their hesitation in entering the market due to crypto’s reputation. With the FF1 and the Continuous Token Offering, we are leveraging the rapid fund formation of the space and reigniting the excitement back into the crypto markets.”
The Two Prime core investment team continues to take applications for its Partner Program. Selected projects will be allocated funds in either USD of FF1, depending on preference.