NGC Ventures Contributes to $200 Million Algo VC Fund

Algo VC fund invests in category-leading businesses that are building on the Algorand blockchain technology platform   Singapore — Algo Capital, the financial institution focused on accelerating access, adoption and liquidity of the Algorand blockchain, today announced the closing of its Algo VC Fund at $200 million. The fund will invest in category-leading businesses that are building on the Algorand technology platform. It is backed by a collection of experienced financial and blockchain industry investors, including NGC Ventures, Eterna Capital, GSR.io, Cognitive Blockchain, Rokk3r Labs, 11-11 Ventures, DG Ventures, Winslow…

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NGC Ventures Contributes to $500K Seed Round for Stablecoin-Based Ecosystem, xDai

Investment to usher in the next window of adoption for a global crypto payment landscape   Singapore—NGC Ventures, one of the world’s leading blockchain investment firms, has contributed to xDai, the stablecoin-based payment ecosystem’s $500,000 USD seed round. Notable contributors to the round also include B-Tech, a joint venture from BitMax.io and Focus Labs, as well as Bixin Invest, the blockchain-focused VC firm. The successful completion of the seed round will accelerate the development of the xDai Stable Chain, driving merchant adoption of the stablecoin-based protocol.   Commenting on the…

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Polychain Capital and NGC Ventures Contribute to CoinFLEX’s $10 Million USD Fundraise

Investment announced as CoinFLEX launches incentive initiative designed to support the growth in trading volumes   HONG KONG – CoinFLEX, the world’s first physically delivered crypto futures exchange has announced that it secured over $10 million USD in funding this year. Polychain Capital; a premier investor in cryptocurrency protocols and companies and NGC Ventures II, the multi-strategy crypto fund of one of the world’s leading blockchain investment firms, NGC Ventures, were contributors to the raise. Additional investors include Divergence Digital Currency, a venture fund that invests in cryptoassets and associated…

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NGC Ventures Announces Investment in Vid, the Disruptive Social Platform

To date, Vid has raised over $20 million USD in funding   Singapore  — NGC Ventures, one of the world’s leading institutional investment firms, has announced a strategic investment in Vid, a video-centric social media app that allows users to control their data and monetize their memories.    Established in January 2017, Vid uses AI and blockchain technology to enable its users to create video content that is privacy protected while allowing users to monetize their content and retain 100 percent of advertising revenue. The company’s proprietary technology has secured…

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NGC Ventures Leads Multi-Million Dollar Funding Round for Decentralised Trading Protocol, Troy Network

 Investment will enable Troy Network to bolster crypto brokerage services    Singapore –  NGC Ventures, the multi-strategy crypto fund of one of the world’s leading blockchain investment firms, has announced a strategic investment in Troy Network, the decentralized protocol for global trading and settlement. NGC led the multimillion-dollar investment with BlockVC. Troy Trade, derived from Troy Network, is a global prime broker providing crypto brokerage services for institutional clients and professional traders with revolutionary trading products.   Despite progression within the industry, the absence of prime brokers has limited the…

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NGC Ventures Strategically Invests in Helis Network’s $500,000 USD Seed Round

Investment bolsters DeFi startup’s ambitions to transition enterprise into a new era of finance    Singapore—Helis Network, the enterprise solution provider for decentralized finance, has closed its seed-stage financing round, securing $500,000 USD in investment funding. NGC Ventures II, the recently launched, all-weather multi-strategy crypto fund of one of the world’s leading blockchain investment firms, NGC Ventures, was among one of the key contributors of the raise. Earmarked towards talent acquisition, technological innovation, and industry traction, funds raised will boost the next phase of expansion for the project as it…

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