The security is offered by COSIMO Ventures, a VC firm that is enabling access to blockchain and crypto projects with the fund.
Rob Frasca, Managing Partner of COSIMO Ventures, said that when they launched the tokenized VC fund their goal was to “democratize” access to blockchain investments for a wider audience.
“Our listing on Securitize Markets is an important step in bringing our fund to more investors allowing them to trade and invest in the fund on a fully-digital, well-recognized marketplace.”
Scott Harrigan, CEO of Securitize Markets, added that much business today is privately held and access is difficult for most investors:
“Securitize Markets is one of the largest marketplaces for trading tokenized shares in businesses like Cosimo Ventures and provides a vital platform for allowing new investors to become shareholders and existing shareholders to find liquidity. We welcome Cosimo Ventures to Securitize Markets.”
COSIMO X holds investments in various blockchain-focused entities including NFTs, DeFi, Regtech, and more.
If you are curious, the current portfolio in the fund is available here. Assets under management stand at $25.56 million with an NAV of $1.52. The initial offering price of each COSIMO Token was $1.00. Securitize continues to add more digital securities to its trading platform with several other digital assets in the queue. Investments are available to accredited investors.
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