Le Lézard
Classified in: Business
Subjects: SHAREHOLDER RIGHTS PLANS, MUTUAL FUNDS

Swarm Fund Partners With Andra Capital Late-Stage, Technology Growth Fund and Offers the Silicon Valley Coin - SVC


SHANGHAI , June 14, 2018 (GLOBE NEWSWIRE) -- [CES ASIA]  Swarm (www.swarm.fund), the blockchain for private equity, announced today that the recently tokenized Andra Fund will be made available to its investors. Through the Andra Fund, Swarm investors will be able to utilize any of four cryptocurrencies (Bitcoin, Ethereum, Swarm, or the Dai stablecoin) to invest in one of the fastest-growing markets of the last decade: late stage, pre-IPO technology companies.

"Late stage pre-IPO technology companies have become their own asset class, growing from $100 billion to $490 billion during the past three years. While one of the most attractive and large-growth asset classes, it is also an asset class traditionally restricted only to closed VC networks or large investment firms. Through the Andra Fund, that door has swung open to the world via Swarm," said Philipp Pieper, CEO and Co-Founder of Swarm.

Andra aims to democratize venture capital by allowing global investors to participate in top-tier Silicon Valley investments and late stage high-growth pre-IPO technology companies. The Andra Fund is tokenized through the Silicon Valley Coin ("SVC"). The value of the coin is tied to the Fund's investments, as each token represents a unit of interest in the Fund. Andra Capital invests in shares of private , late stage technology companies that are pre-IPO; it is comprised of  the fund management team's strong network of entrepreneurs, investors, lawyers and bankers and allows investors access to top-tier investments. Perpetually evergreen, the Andra Fund seeks to increase in value and AUM size.


"Andra Capital democratizes venture capital by allowing permitted global investors unprecedented access to late-stage Silicon Valley investments. Swarm is a key partner for Andra as they are leading the industry in the tokenization of real assets, and meet our strict requirements for access, compliance, and tradability. They were the obvious choice for our security token framework partner for the Silicon Valley Coin. This is just the beginning of our work together," explained Andra Capital Managing Partner Haydar Haba.

Swarm Fund is a decentralized capital marketplace that democratizes investing by using the power of the blockchain to open up alternative investment classes to investors through funds using cryptocurrency tokens. It makes traditionally exclusive investment opportunities, such as private equity and hedge funds, inclusive for the Swarm by pooling together smaller investments into larger, institutional-sized blocks, providing fund managers access to a previously untapped capital stack.

The Swarm Blockchain allows real world investment opportunities to be "tokenized" using the SRC20 protocol, a cryptographic standard for security tokens.

About Andra Capital
Andra Capital is a late stage technology growth fund. Andra uses the Blockchain to tokenize the fund providing global investors with unprecedented access to exclusive late-stage private technology companies. Our innovative "Silicon Valley Coin", or SVC represents ownership interest in the Andra Fun; the SVC is a tradeable asset-backed security token. To learn more about Andra, please review our detailed whitepaper, visit www.andracapital.com, or contact [email protected].

About Swarm Fund
Swarm Fund is the blockchain for private equity. A fully decentralized capital marketplace, it democratizes investing by using the power of the blockchain to open up high-return, alternative investment classes to smaller investors through asset-backed funds using cryptocurrency tokens. It makes traditionally exclusive investment opportunities, such as private equity funds, inclusive for the Swarm, and provides fund managers access to an untapped capital stack. With a structure similar to a co-operative, Swarm Fund is owned by its members who also determine, through a liquid democracy governance system, the administrative and philosophical direction of Swarm Fund. By leveraging the efficiencies of intelligent, blockchain 3.0 technologies, Swarm provides an entire platform from which businesses can create and run new, crypto-centric enterprises, with a wellspring of funding built in.



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