Blockchain firm Coinsilium signs MoU with HyperChain Capital
Coinsilium, a London-based company driving innovation in fintech and blockchain technologies, has signed a Memorandum of Understanding (MoU) with HyperChain Capital, a Singapore-based multi-million-dollar hedge fund investing in blockchain companies, to collaborate and finance co-investment opportunities in blockchain companies.
Led by Stelian Balta, HyperChain is a digital assets hedge fund investing in blockchain companies and new blockchain protocols via the acquisition of newly issued crypto and application-specific tokens. Since 2016, it has invested in over 20 blockchain companies, mostly via their Initial Coin Offerings (ICO).
“We are very proud to be forming this alliance with Coinsilium who we regard as pioneer investors in blockchain technologies. HyperChain and Coinsilium are early-movers in the blockchain Token investment space and we look forward to identifying co-investment opportunities in innovative blockchain companies and protocols together”, Stelian Balta, CEO of HyperChain stated.
According to the official release, the collaboration will leverage the parties’ complementary expertise and skillsets for investing in and supporting blockchain companies. Coinsilium and HyperChain are co-investors in social trading crypto platform CoinDash which plans to launch its token sale this summer.
“We are very pleased to be firming up our relationship with HyperChain following our mutual investment in CoinDash. In this fast-growing market, there are only a few large hedge funds with a focus on Token offerings and fewer still that can claim the experience and aptitude of HyperChain. We look forward to a mutually beneficial collaboration in this exciting new sector”, Eddy Travia, Coinsilium’s CEO stated.