US Capital Global Securities Launches $10 Million Equity Investment in Blockchain Technology Venture Capital Fund
San Francisco-based private financial group engaged by sponsor of digital venture capital fund as exclusive placement agent for capital raise.
SAN FRANCISCO, November 2018 – US Capital Global Securities, an affiliate of US Capital Global, is offering to accredited investors a $10 million equity investment in CityBlock Capital’s first tokenized venture fund, NYCQ Fund LP (the “Fund”).
The Fund’s aim is to combine low minimum investment amounts and early liquidity opportunities for investors in the US and abroad, providing access to blockchain infrastructure investments normally accessible to institutional investors. The Fund is managed and advised by professionals with deep industry expertise from firms such as SoftBank Capital, Goldman Sachs, Wells Fargo, and Google.
Headquartered in San Francisco, US Capital Global is a full-service private financial group with an established track record in investment banking and capital raise services. Its registered broker-dealer affiliate, US Capital Global Securities, LLC, is acting as the exclusive placement agent for the equity raise for the Fund.
“We are delighted to be working with US Capital Global as we increase the investment capabilities of NYCQ Fund LP,” said Robert Nance, co-founder and CEO of CityBlock Capital. “Our Fund offers investors equity exposure to early-stage blockchain infrastructure startups that are building the digital foundation of our global economy.”
“It is a real pleasure to be supporting CityBlock Capital and the Fund as exclusive placement agent,” said Charles Towle, CEO at US Capital Global Securities. “Our firm is keen to support forward-thinking companies working on the frontline of the digital market era. The opportunity to participate in this $10 million equity investment in the Fund is now open to eligible investors.”
About CityBlock Capital
CityBlock Capital is the founder of the NYCQ Fund, a private digital venture capital fund open to accredited investors in the US and abroad. The Fund does not invest in cryptocurrencies or utility tokens, but directly engages in the expansion of the global digital economy through equity investments in early-stage blockchain infrastructure companies. CityBlock Capital uses blockchain technology to provide diversified access and liquidity to private company investing.
About US Capital Global
US Capital Global Securities, LLC, is the FINRA licensed broker dealer division of US Capital Global that acts as placement agent for growth-stage companies, projects, and investment funds. Since 1998, the US Capital Global team has been committed to providing small and lower middle market businesses and investors with sophisticated debt, equity, and investment opportunities usually available only to larger middle market companies and institutional investors. US Capital Global manages direct investment funds and provides wealth management and capital raise services.