Alex Tapscott, former investment banker and author of “Blockchain Revolution”, has launched a new digital asset investment company.

The announcement was made alongside the closing of an oversubscribed $20 million financing, making “NextBlock Global” one of the leading institutional investors in the digital asset ecosystem. According to the official release, NextBlock will immediately begin to deploy capital, offering investors diversified exposure to the most promising investments in this space.

"We are delighted with the outcome of this financing and we are ready to lead in this fast changing and disruptive marketplace," adding "we saw tremendous demand from institutional and strategic investors who are looking to get exposure to this new asset class,” NextBlock Global's Founder and CEO Alex Tapscott said.

NextBlock Global is based in Toronto, Canada, which, according to Tapscott, is the “perfect fit” for the newly launched company. He said:

“Toronto has a deep pool of world-class talent, innovative regulators and banks, and some of the best blockchain startups in the world, and we are excited to contribute to this growing ecosystem."

NextBlock Co-founder and Chief Investment Officer Charlie Morris noted that the digital asset market is the fastest growing in the world and one of the most exciting areas to deploy capital. He pointed out that blockchain entrepreneurs are bypassing traditional system and conducting vast global crowdsales of digital assets, which to-date have raised over $1.7 billion (CAD) this year.

Looking forward, Mr Tapscott said, "We believe the future is not something to be predicted, it's something to be achieved. NextBlock Global has the experience, market-access, strategy and domain expertise to achieve that better future, and we are excited to share that journey with all of our partners and investors. This is only the beginning."

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