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Leading Japanese VCs vow $9m investment in COMSA ICO
Tech Bureau, a fintech and cryptocurrency solutions company, announced that leading Japanese venture capital firms have vowed over $9 million investment in COMSA’s upcoming Initial Coin Offering (ICO).
According to the official release, Nippon Technology Venture Partners, FISCO Capitals, and ABBALab are all to invest in COMSA ICO tokens and XEM. Tech Bureau said that these investments convey the value of ICOs democratizing entrepreneurial access to funds and reaffirms the importance of an NEM-based platform for blockchain technology.
“The participation of not one but three VCs is testimony of their trust in the acceptance and viability in raising capital using cryptocurrencies. We are confident that more mainstream businesses will join the fray as they begin to take cryptocurrencies seriously as a means to broaden their investment portfolio into the nascent blockchain technology powered businesses,” commented Takao Asayama, CEO of Tech Bureau, Corp. “COMSA is a one stop shop solution for token creation and exchange.”
COMSA, the recently announced complete ICO fundraising and cross-chaining platform built on the NEM blockchain protocol, is meant to streamline cryptocurrency funding and cross-chain transactions. It aims to address current uncertainties held by the ICO process.
By working as a full-fledged ICO fundraising service, COMSA will exercise a completely streamlined process of token offering, sale, and distribution, and subsequently listing on an exchange on one efficient platform. With over 30k sign ups and 16,000 downloads of the white paper, Comsa is off to a promising start.
“The COMSA project is a timely project in that it is happening at time where there is a need for a mechanism to streamline ICOs. With the development of the COMSA platform, we are now creating a whole new paradigm where capital can be raised with VC participation,” commented Lon Wong (Lon) President, NEM.io Foundation. “What we hope to see in the future is how Security Exchange Commissions of the world will learn from this initiative, recognize it, and allow securities to be listed using cryptocurrencies. I believe COMSA has what it takes to lead, set the precedence, and make this accepted as a way forward for publicly listed companies in the near future.”
COMSA will debut its ICO on October 2nd, 2017.
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