on Tokentus Investment AG (isin : DE000A3CN9R8)
Tokentus investment AG Invests USD 200,000 into Frachtis Fund I
Frankfurt-based tokentus investment AG ("tokentus") announced an investment of USD 200,000 into Frachtis Fund I, a USD 20 million early-stage venture fund. The fund targets Blockchain 3.0 technologies and ecosystems such as Cosmos, Avalanche, and Urbit.
Frachtis Fund I aims to create an "Internet of Blockchains," enabling decentralized communication between blockchains. It focuses on agency computing, giving users full control over their data and applications.
The fund is managed by Xavier Meegan, with Brian Crain on the Investment Committee. tokentus sees this investment as a strategic entry into the rapidly expanding Blockchain 3.0 field.
According to tokentus CEO Oliver Michel, this investment positions the company to potentially benefit from long-term advancements in blockchain technology.
R. H.
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