Crypto management protocol VELIC gets investment from B Dash Ventures

VELIC, a digital asset platform based in Singapore, has announced today an investment from a fund managed by B Dash Ventures, a prominent venture capital business in Japan. The investment will jumpstart VELIC’s blockchain financial ecosystem, and Hiroyuki Watanabe, CEO of B Dash Ventures, will serve as an advisor to provide further insight and network in the blockchain space.

Last January, VELIC secured a suite of successful strategic partnerships with Deblock, a blockchain accelerator, and ICON, South Korea’s leading blockchain project. Thanks to further investment from B Dash Ventures, VELIC will expand its blockchain financial ecosystem to overseas markets.

[perfectpullquote align=”full” bordertop=”false” cite=”Hiroyuki Watanabe, the CEO of B Dash Ventures” link=”” color=”” class=”” size=”16″]“I personally believe in the vast potential of blockchain and highly respect VELIC team’s ambitious vision. I am pleased to join as an advisor and look forward to further pushing the boundaries of crypto-finance with the VELIC team.”[/perfectpullquote]

VELIC is a blockchain-based financial project that combines blockchain technology and financial services in order to create a new platform for both institutional and retail investors. By providing a transparent transaction process alongside a contribution-based reward system, VELIC aims to build a healthy crypto-financial ecosystem. The VELIC platform will launch a plethora of crypto-related services such as a proprietary custody solution, an exchange, crypto loans, and investment packages.

B Dash Ventures, one of Japan’s most prominent venture capitals, primarily invests in high-growth sector startups which will serve as the backbone of next-generation technology. From early-stage seed investments and late-stage seed rounds, B Dash Ventures strategically invests in a wide range of startups. B Dash Ventures manages various funds created through investments from major telecom networks, internet companies, financial institutions, and others.