Securitize Tokenizes $500 Million Venture Fund Nemesis

Nemesis Technologies, a global venture capital fund, has enlisted the assistance of Securitize to tokenize a $500 million venture fund. Nemesis is based in Japan.

Securitize is both a primary issuance platform and secondary trading market powering the future of digital securities. While based in the US, Securitize is building a global footprint using technology to remove intrinsic friction from securities offerings and trading via blockchain technology.

For this specific securities offering, Securitize is acting as a digital transfer agent to “issue, manage their tokenized shares.”

Nemesis founder and Chief Investment Officer, Pierre Mauries, told the Capital Quest:

“We have spent the last few years building software and data structures  that enables us to be a pioneering the digital securities ecosystem. We use the infrastructure that have been co-built to provide liquidity, run validators, and help portfolio teams better understand their own ecosystem with our novel approach. We look forward to continuing to push to the very frontier of how digitalized VC fund(s) and DeepTech can create unseen value and creation.”

Mauries added they are pleased to be working with Securitize.

Eiji Kovayashi, Head of Securitize Japan, said the VC fund is predicted to be the world’s largest tokenized fund of its kind.

Only recently, it was reported that Securitize was participating in a unique digital asset offering in France which entailed the tokenization of a European basketball ball team.

Expectations within the financial services sector is that the future is clearly digital when it comes to securities. It is just taking a bit of time but currently, Securitize is a leader in the sector or, at a minimum, a top participant among a handful of firms.


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