Spirit Blockchain Capital Secures Major Funding Round marked by a substantial investment from EOS Network Ventures (“ENV”), the venture capital arm of the 3rd generation enterprise-grade blockchain protocol (the “Offering”).
The round also saw participation from other major funding partners, cementing Spirit Blockchain Capital’s position as an innovative player in the rapidly evolving blockchain and tokenization ecosystem. This strategic investment by ENV is a landmark development for SBC, as it underscores a strong vote of confidence from one of the key players in the blockchain industry.
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ENV’s participation in the funding round not only validates SBC’s vision and business model but also signifies a significant step forward in fostering collaboration between traditional finance and the blockchain sector.
Lewis Bateman, CEO at Spirit Blockchain Capital said, “We are excited to announce the successful closure of our recent funding round, which was made possible by the support of ENV and other esteemed funding partners, This strategic investment provides us with the necessary capital to accelerate our growth and establishes a meaningful partnership with a key player in the blockchain space.”
In addition to the financial investment, ENV will take an active role in SBC’s strategic direction. Going forward, ENV will be represented on the board, securing a board seat, and actively participating in the company’s investment committee.
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Raymond O’Neill, Chairman of Spirit Blockchain Capital said, “We are honoured to welcome EOS Network Ventures to our board and investment committee. Their active participation reflects a commitment to deepening our collaboration and leveraging their strategic expertise in shaping the future of blockchain,”.
Spirit Blockchain Capital has consistently demonstrated its commitment to identifying and nurturing innovative blockchain projects with transformative potential. The funding secured in this round, coupled with the active involvement of ENV, and the recent partial acquisition of technology solutions provider Troon Technologies, positions the company for continued success.
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Yves La Rose, Director of the ENV and CEO of the EOS Network Foundation said, “We are impressed by Spirit Blockchain Capital’s dedication to fostering innovation and driving positive change within the blockchain industry, This investment, coupled with active participation on the board and investment committee, reflects our confidence in their ability to navigate the evolving landscape and contribute to the advancement of blockchain technology.”
About Spirit Blockchain Capital
Spirit Blockchain Capital is a leading investment company at the forefront of the blockchain industry. Through their operational business line and asset management business, they provide investors with a range of opportunities for capital appreciation.
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With a strong focus on innovation, strategic investments, and operational excellence, Spirit Blockchain is poised to unlock the potential of the digital economy.
