Tokensoft And Tezos Blockchain Would Now Use SVC Under Andra Capital

Parth Vig
Parth Vig is a Management student, and a keen observer of Cryptocurrency and blockchain technology, his interest in writing brings him to thecoinrepublic.com, He believes that he has many ideas that he pens down and he feels it would be a great asset for any kind of creative writing.
Tokensoft And Tezos Blockchain Would Now Use SVC Under Andra Capital

  • Tezos, the Blockchain which could amend its own set of rules without causing any significant disruption to the market, supports secure smart contracts.
  • The ability of Tezos to live an upgrade process that enables long-horizon use cases makes it a unique technology.
  • The Fund states that it would like to invest in private technology companies, which lead the Tezos Blockchain to have a grasp over the market.

Yesterday, the Andra Capital, the venture company of San Francisco, announced that it would issue the Andra’s Silicon Valley Coin (SVC) via a Security Token Offering (STO).

Also, the capital venture plans to collaborate with the Tezos Foundation. This was made by SVC to utilize TokenSoft’s issuance platform so that the user’s investors could invest in the Fund traditionally along with the option of delivery of Silicon Valley Coin.

Tezos, the Blockchain which could amend its own set of rules without causing any significant disruption to the market, supports secure smart contracts. This is well suited for many of the high-value digital tokens and acts as the liquid proof of stake system.

This decentralized ledger makes the use of smart contracts, something like the Ethereum. The ability of Tezos to live an upgrade process that enables long-horizon use cases makes it a unique technology.

The Silicon Value Coin is a kind of security token that allows people to invest in leveraging blockchain technology. This, in turn, means that the new ones are replacing the traditional investment methods.

“The TokenSoft platform provides the technology for qualified retail investors to participate in desirable, late-stage, pre-IPO technology venture companies, and we have partnered with the best-in-class providers including the Tezos Foundation for its expertise in digital securities for the Silicon Valley Coin offering.”

– These were the statements mentioned by the Head of Strategic Partnerships at Andra, Sam Raman

The Fund states that it would like to invest in private technology companies, which lead the Tezos Blockchain to have a grasp over the market. Moreover, they even plan to spend on some of the world’s leading firms at a later stage, which thought of as an innovative fund structure.

Furthermore talking of the Fund has mentioned some of the criteria for the investment criteria of the firms, which are:

(i) “backed by top tier VCs

(ii) valued at $500 million or higher

(iii) leaders in their industry

(iv) visionary management team focused on growth.”

“We are thrilled to see venture capital firms embrace digital securities, which allow them to easily and compliantly offer global investors access to a historically exclusive asset class.”

Lastly, Alison Mangiero, President of TQ Tezos. 

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