Leading digital asset marketplace lists COSIMO X, broadening investor base and bringing greater access, potential liquidity to the venture fund
BOSTON–(BUSINESS WIRE)–#blockchain–COSIMO Ventures, a venture capital investment firm that provides investors access to high-potential blockchain projects through the world’s first tokenized, evergreen venture fund, COSIMO X (“the fund”), is pleased to announced COSIMO X tokens are now available for trading on Securitize Markets, a digital asset marketplace facilitating the trading and investing of alternative assets.
Cosimo X’s listing, allows a broader group of global investors access to the growth potential of COSIMO’s venture portfolio of blockchain and cryptocurrency projects and trade the token on a secondary market. The ability to trade the token on the secondary market may improve liquidity and access for the fund and its investors.
“When we launched a tokenized venture fund, our focus was on democratizing access to the revolutionary technology of blockchain through an efficient vehicle for investors to tap growth opportunities venture funding provides,” said Rob Frasca, Managing Partner of COSIMO Ventures. “Our listing on Securitize Markets is an important step in bringing our fund to more investors allowing them to trade and invest in the fund on a fully-digital, well-recognized marketplace.”
“Today, most of a business’ value is generated when it’s privately held and participating in that growth has been impossible for most investors until very recently,” said Scott Harrigan, CEO of Securitize Markets. “Securitize Markets is one of the largest marketplaces for trading tokenized shares in businesses like Cosimo Ventures and provides a vital platform for allowing new investors to become shareholders and existing shareholders to find liquidity. We welcome Cosimo Ventures to Securitize Markets.”
COSIMO X provides investors access to early-stage blockchain projects and emerging technologies focused on the decentralized trust economy sectors such as privacy, reg-tech, brokers, custodians, NFTs and DeFi. For more information on the fund and its holdings please click here.
About COSIMO X
COSIMO X is a venture capital fund that invests in opportunities in emerging, next-generation technologies. The COSIMO team has been at the forefront of innovation and value creation for early stage companies over the past 25 years. As technology pioneers, it has developed products used by hundreds of millions of users every day and have created many firsts: from the first commercially available financial service on the Internet to the first Internet push notification.
About Securitize
Securitize is a digital asset securities firm with a mission to provide investors with access to invest in and trade alternative investments, and for companies to raise capital and offer shareholder’s liquidity. Securitize has pioneered a fully digital, regulatory compliant, end-to-end platform for issuing, managing and trading digital asset securities, with over 200 businesses and nearly 400,000 investors already connected, and nearly $500 million in current-value digital asset securities issued on the Securitize platform. Securitize is comprised of Securitize, Inc. and its subsidiaries Securitize, LLC (an SEC-registered transfer agent), Securitize Capital, LLC, and Securitize Markets, LLC (an SEC-registered broker-dealer, member of FINRA and SIPC, and operator of the company’s alternative trading system, Securitize Markets). Learn more at http://www.securitize.io.
Disclaimer:
THIS DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY AN INTEREST IN ANY COSIMO FUND OR ANY OTHER SECURITY.
IT IS NEITHER A PROSPECTUS NOR AN ADVERTISEMENT, AND NO OFFERING IS BEING MADE TO THE PUBLIC. PRIOR TO ACCEPTING ANY COMMITMENTS TO ANY COSIMO FUND, PROSPECTIVE INVESTORS WILL HAVE THE OPPORTUNITY TO ASK QUESTIONS AND RECEIVE ANSWERS AND ADDITIONAL INFORMATION CONCERNING THE TERMS AND CONDITIONS OF SUCH FUND.
THIS PRESS RELEASE IS NOT INTENDED TO PROVIDE THE BASIS FOR ANY EVALUATION OF AN INVESTMENT IN ANY COSIMO FUND.
PROSPECTIVE INVESTORS SHOULD CONSULT WITH THEIR OWN LEGAL, INVESTMENT, TAX, ACCOUNTING AND OTHER ADVISORS TO DETERMINE THE POTENTIAL BENEFITS, BURDENS AND RISKS ASSOCIATED WITH MAKING AN INVESTMENT IN ANY COSIMO FUND.
PRIVATE MARKET INVESTMENTS ARE SPECULATIVE AND CONSIDERED RISKY, INCLUDING POTENTIAL LOSS OF YOUR INVESTMENT, AND MAY NOT BE APPROPRIATE FOR EVERY INVESTOR. PRIVATE INVESTMENTS ARE GENERALLY AN ILLIQUID ASSET CLASS; INVESTORS CANNOT SELL THEIR FUNDS WHEN THEY WANT TO WITHOUT POTENTIALLY FACING HIGH LOSSES. ANY DISCUSSION OF LIQUIDITY IS PURELY SPECULATIVE. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.
Contacts
Media:
Trevor Davis
Gregory FCA for COSIMO Ventures
443-248-0359
trevor@gregoryfca.com
Evan Wagner
Securitze
evan.wagner@securitize.io