Draper Goren Holm, a blockchain and Fintech venture firm, announced on Tuesday it has invested in Simetria, an Israeli digital securities exchange. Along with the investment, Simetria will become part of the Ownera digital securities network (also a Draper Goren Holm portfolio company).
Draper Goren Holm reported that Simetria will use Ownera’s FinP2P based network to connect growth-stage technology companies with large institutional investors from all over the world. Speaking about the collaboration, Ami Ben David, co-founder of Ownera, shared:
“The Israeli tech scene had several incredible years, and we believe we can bring the best companies from the “startup nation” to a global institutional investor base via our digital securities network”
Josef Holm, Founding Partner of Draper Goren Holm, added:
“We have been strong supporters and early believers in the digital securities movement, and this is a natural extension of our investments and deep hands-on involvement with the leaders in the space, and the networks that form around them.”
Draper Goren Holm, a partnership between Tim Draper, Alon Goren, and Josef Holm, is a venture studio focused on accelerating and incubating early-stage blockchain and fintech startups, while simultaneously producing leading blockchain and cryptocurrency events, Security Token Summit and LA Blockchain Summit.