Breaking News
Investing Pro 0
💎 Access the Market Tools Trusted by Thousands of Investors Get Started

Realio and Valentus Digital Close Round 2 of Liquid Mining Fund

Published Jun 02, 2021 08:15AM ET Updated Jun 02, 2021 08:30AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
Realio and Valentus Digital Close Round 2 of Liquid Mining Fund
 
BTC/USD
-0.35%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 

  • Realio and Valentus Digital closed their second fund for Liquid Mining.
  • The company has also acquired a conversion right for digital securities in LMX.
  • The company will provide alternate opportunities to invest in BTC.

Realio has just announced the closing of its second fund in collaboration with Valentus Digital for the Liquid Mining Fund, as per a press release. It has also acquired a conversion right for digital securities in LMX Token Issuer.

The company is a technology ecosystem meant for institutional-grade digital assets. Specifically, it aims to provide investors with alternate opportunistic access to Bitcoin. Its Liquid Mining Fund is focused on investing in new and innovating Bitcoin mining businesses to provide investors with an alternative, structured investment vehicle.

Realio’s mission statement is in line with the current state of interest in Bitcoin mining. Revenues in the industry skyrocketed to over $50 million per day as of late March 2021 when Bitcoin approached its ATH of $60,000 plus. Although the coin has since fallen in value, Bitcoin mining continues to attract investors. A likely reason for this is that mining is bear market-proof i.e. mined coins are considered future assets and give high returns regardless.

Along with this, Realio promises that investment in its Liquid Mining Fund comes with the right to convert equity ownership into digital securities of LMX on the Algorand Blockchain. Further, LMX is prepared for digital securities’ trading on the tZERO ATS. FINRA member broker-dealer tZero is an alternative trading system.

Derek Boirun, CEO and founder of Realio stated about the announcement, “We are thrilled with the results of Liquid Mining Fund to date and the benefits of tokenization we are offering through the LMX conversion.”

He added, “Given bitcoin’s most recent bull run and increasing demand among investors to access alternative investment avenues, Liquid Mining Fund and LMX is a unique opportunity that monetizes the combined predictability of real estate with the asymmetric upside potential of Bitcoin mining operations. Combined with the liquidity potential quotation of our securities on tZERO ATS could bring, the product-market fit of LMX in the digital securities landscape couldn’t be better.”

Soohuck Chun, co-CIO and co-founder of Valentus Capital Management, also chipped in, “The unique proposition we offer with the Liquid Mining Fund and LMX conversion will open up new avenues for the investor community that’s seeking out structured bitcoin investment opportunities, without needing to invest directly in bitcoin.”

This article was first published on coinquora.com

Continue reading on CoinQuora

Realio and Valentus Digital Close Round 2 of Liquid Mining Fund
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.
  • Any comment you publish, together with your investing.com profile, will be public on investing.com and may be indexed and available through third party search engines, such as Google.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email