US Capital Global, through its registered broker-dealer affiliate, US Capital Global Securities, LLC, has facilitated CityBlock Capital’s successful registration on private securities marketplace, SharesPost. According to US Capital Global, CityBlock Capital’s new tokenized venture fund, the NYCQ Blockchain Infrastructure Fund (the NYCQ Fund), is now available on SharesPost. It was revealed:
“CityBlock Capital is tokenizing limited partner interests in an early-stage venture fund to increase access to investments in private companies. CityBlock Capital has also executed a listing agreement with SharesPost for secondary trading. Its NYCQ Fund is devoted to investing in companies building blockchain-based capital markets infrastructure. The NYCQ Fund’s portfolio is expected to include investments in clearing houses, exchanges, depositories, makers of market aggregation tools, securities services firms, data analytics, smart contract auditors, and issuance platforms.”
Speaking about the launch on SharesPost, Robert Nance, Co-Founder and Managing Partner of CityBlock Capital, stated:
“It has been an exciting year for us since we launched our NYCQ Fund and partnered with US Capital Global. The NYCQ Fund is intended to provide accredited investors with diversified access to blockchain infrastructure investments normally accessible only to institutional investors. SharesPost’s blockchain expertise, world-class technology platform, and global visibility and reach make it an ideal choice for CityBlock Capital.”
Charles Towle, CEO at US Capital Global Securities, went on to add:
“We are delighted to have facilitated CityBlock Capital’s recent posting on SharesPost’s platform. By digitizing traditional assets like venture capital funds using blockchain technology, CityBlock Capital is leading the next wave of disruption and innovation in the financial services industry. We’re extremely pleased to be supporting the firm’s initial digital security token sale.”
SharesPost’s marketplace notably connects more than 50,000 institutional and individual accredited investors around the world with opportunities to invest in private companies. The platform also provides investors with the ability to custody and trade their digital securities. SharesPost has a registered Alternative Trading System (ATS) with the US Securities and Exchange Commission to later facilitate secondary market trading of digital tokens.