Liquefy, a Hong Kong-based blockchain agnostic issuance platform for security tokens, today has announced a $2.6 million funding round led by Ideanomics and NEO Global Development, alongside with other investors including Kenetic and East Chain. The investors this round will join seed investor Soul Capital, a Hong Kong-based family office.
“We are thrilled to attract investors that could add strategic value with our rapid expansion in Asia, we will be extending our presence in three more markets this year.”
– Adrian Lai, CEO of Liquefy
The primary focus of Liquefy is real estate, with assets in Hong Kong, USA, UK, and the Middle East in the pipeline for tokenization.
“It is our mission to help catalyze the digital asset space so we are very pleased to be working closely with Liquefy, through both our investment and deal origination interests. Adrian and his team have significant expertise in the securitized token space and have blended this knowledge with impressive innovations to provide asset holders with a platform where they can quickly and easily gain access to the liquidity they require.”
– Alf Poor, CEO of Ideanomics
Ideanomics recently purchased a controlling stake in Delaware Board of Trade Holdings (DBOT), a company which possesses an Alternative Trading System (ATS) license.
“East Chain, a Middle East and Asia based venture capital fund focused on blockchain investment, is hoping to showcase Liquefy’s technology through tokenizing some of their investors’ real estate assets. Tokenization will be the next wave of application and growth for the technology. We will see lots of value creation in both traditional assets and non-traditional assets such as Premier League football teams.”
– Saoud Al-Humaidhi, the Founder of East Chain and a Board Member of Aston Martin Lagonda
“Liquefy is pioneering real adoption in the security token space by facilitating major enterprise and corporate clients to tokenize their interests. Their leading effort in Asia is the push the security token industry needs to start the global engine.”
– Kenetic Co-Founder and Managing Partner Jehan Chu