In a significant move within the blockchain and digital asset management space, XVC Tech has announced its investment in TradeTogether, a leading Web3 wealth manager based in Singapore. This collaboration marks an important milestone for XVC Tech, a venture capital firm established by the founders of the XDC Network blockchain. The partnership underscores both companies’ commitment to innovation and compliance in the rapidly evolving digital asset landscape.
The XDC Network, renowned for its enterprise-grade blockchain solutions, offers a robust ecosystem catering to Real-World Assets (RWAs) through various decentralized applications (dApps). These include TradeFinex for Private Credit, XDC Trade Network for Trade Finance, Comtech Gold for tokenized gold, and Yieldteq powered by Tradeteq for tokenized US Treasuries. This integrated ecosystem positions the XDC Network as a leader in blockchain solutions focused on bridging the gap between traditional finance and the burgeoning field of decentralized finance.
Ritesh Kakkad, co-founder of XVC Tech, emphasized the alignment of TradeTogether’s commitment to compliance with the firm’s strategic goals. He believes that this focus is essential in attracting more institutional adoption, ultimately driving the utilization of the XDC Network’s unique capabilities in the private credit and trade finance sectors.
Echoing this sentiment, Geoff Ira, CEO of TradeTogether, praised the XDC Network for its enterprise-grade functionalities and its emphasis on Real-World Assets. He expressed enthusiasm for the collaborative opportunities this partnership offers, aiming to create top-tier Web3-centric funds that not only attract intelligent capital into RWAs and Web3 but also strictly adhere to regulatory compliance standards.
Innovative investment options are at the forefront of TradeTogether’s offerings, including the TradeTogether Bitcoin Advantage Fund. This fund provides investors with a unique opportunity to invest in Bitcoin while mitigating risks associated with market downturns, offering a more secure alternative compared to traditional ETFs. Furthermore, TradeTogether caters to high-net-worth individuals and financial institutions, offering transparent solutions in tokenized bonds and receivable financing products, effectively diverging from the conventional DeFi platform model.
TradeTogether boasts a roster of prominent co-investors, including Orbit Startups, Tenity, Boleh Ventures, and Leo Ventures, along with a distinguished list of angel investors who have supported the company since its inception. These investors bring a wealth of experience and insight from various sectors, contributing to TradeTogether’s innovative edge in the digital asset management space.
About XVC Tech, the venture capital firm brings a wealth of experience and a keen eye for emerging technologies, with a US $125 million fund focused on exploring investment opportunities in NextGen Technology Solutions. Its portfolio spans diverse areas such as decentralized i-gaming, music asset IP fractionalization, and inflation indexing, signaling a broad interest in RWA, Web3 infrastructure, AI, and DePIN technologies. XVC Tech continues to seek impactful investment opportunities in the Web3 startup space, inviting interested parties to connect via their website.
The XDC Network remains a cornerstone of this partnership, providing a carbon-neutral, EVM-compatible, Layer 1 blockchain solution that has been operational since 2019. It focuses on enterprise use cases, including Trade Finance, Payment, and RWA tokenization, underscoring its importance in the blockchain ecosystem.
TradeTogether Pte Ltd, under the leadership of CEO Geoff Ira, has been a trailblazer in Web3 digital asset management since its regulatory exemption in October 2021. The company’s forward-thinking approach to digital asset management sets a benchmark in the industry, with more information available on their website.
For further details on this groundbreaking partnership and investment opportunities, interested parties are encouraged to contact Investment Manager Thibault Delrue at XVC Tech.
Source
