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Trecento Blockchain Capital Launches ICO

Trecento Blockchain Capital, an initiative of the Trecento SAS group, announced today the launch of its ICO in Geneva, Switzerland. The operation is led in the wake of the Geneva Canton's blockchain strategy, and with the support of the President of Conseil D'Etat, Pierre Maudet. Following a 'private sale' that launched on the 1st June, the ICO will go live on the 10th July, and aims to raise 20 million Euros.

Trecento Blockchain Capital will deploy a 360° approach to investment, covering all opportunities and the entire investment cycle linked to this technology. The company offers four strategic funds corresponding to different types of investment strategy:

  • ICO ("Initial Coin Offering") fund – Investment in innovative companies raising funds during the "private sale" (upstream)
  • Crypto-trading and arbitration fund – Trading of cryptocurrencies and digital assets
  • Venture capital – Equity investment in startups developing disruptive Blockchain solutions
  • Fund of funds – Investment in specialized funds active in cryptocurrencies and Blockchain companies

Alice Lhabouz, CEO commented on this creation: "The Blockchain market is a fantastic opportunity for investment professionals. Today there are over 250 hedge funds in the Blockchain and cryptocurrency space, compared with 55 in August 2017. But most of these lack experience in active management. And many of these are based in exotic destinations, and have no obligation to conform to rules regarding risk management, transparency, ethics, or conflicts of interest. Conversely, Trecento Blockchain Capital will be acting on a developed and regulated market inSwitzerland, under the future authority of FINMA."