Security token platform Smartlands has announced the tokenization of an investment fund. The ‘Disruptive Technologies Fund’ will target mid-stage FinTech firms and aims to raise a total of €8 million.
Smartlands’ Disruptive Technologies Fund Explained
Smartlands is a London-based security token
In late-August 2019, Smartlands announced the successful
close of a Security Token Offering (STO) featuring a student housing complex in
Now, the platform has announced its latest plans— the
tokenization of an investment fund with a focus on mid-stage FinTechs.
Smartlands says the fund, referred to as the “Disruptive Technologies
Fund”, aims to acquire minority stakes in firms, a maximum of 20%, which indicate
growth potential. The fund is looking to raise €8 million, and predictions for
a return are 25%-30%.
The platform says they’ll specifically focus on mid-stage
FinTechs in the blockchain, payment processing, and crowdfunding domains.
Smartlands cites massive potential in the FinTech sector:
“… global Fintech funding rose to $111.8 billion in 2018, up 120 percent from $50.8 billion in 2017, according to KPMG International. This tendency led to rapid expansion in new working styles as collaborative hubs and co-working spaces appear all over the world, new investment strategies using brand new instruments are conceived daily, crowdfunding is winning over more and more investors and asset owners. And above it all, we observe the towering might of Asset Tokenisation as the pathway for fractional ownership of properties in multiple asset classes for all citizens of the world.”
According to the website, the Disruptive Technologies Fund
will also participate in additional areas of emerging technology, to include
Agtech, Robotics, IoT, AI, and more.
30% of the fund will focus on the Asia Pacific region, while
50% will target firms in the United States. 10% will focus on Europe, with
another 10% spread out in undisclosed regions.
In addition to investment funds, regulated real-world assets
to include equity,
estate, and fine
art have successfully experienced the benefits
of tokenization through security tokens.
What do you think of Smartlands latest tokenization
endeavor, the ‘Disruptive Technologies Fund’? We’d like to know what you think
in the comments section below.
Image courtesy of Smartlands.