US Capital Global Initiates Posting on SharesPost Platform for CityBlock Capital’s Initial Digital Security Token Sale
San Francisco-based private financial group assists sponsor of digital venture capital fund to secure posting on SharesPost’s platform.
SAN FRANCISCO, MARCH 2019 – US Capital Global, through its registered broker-dealer affiliate, US Capital Global Securities, LLC, has facilitated CityBlock Capital’s successful registration on the leading private securities marketplace, SharesPost. CityBlock Capital’s new tokenized venture fund, the NYCQ Blockchain Infrastructure Fund (the “NYCQ Fund”), is now on SharesPost’s platform, alongside well-known private companies.
Headquartered in San Francisco, US Capital Global provides sophisticated debt, equity, and investment products to lower middle market companies and investors, using the latest FinTech and RegTech innovation. Last year, the group’s registered broker-dealer affiliate, US Capital Global Securities, was engaged by CityBlock Capital as its exclusive advisor and lead placement agent.
CityBlock Capital is tokenizing limited partner interests in an early-stage venture fund to increase access to investments in private companies. CityBlock Capital has also executed a listing agreement with SharesPost for secondary trading. Its NYCQ Fund is devoted to investing in companies building blockchain-based capital markets infrastructure. The NYCQ Fund’s portfolio is expected to include investments in clearing houses, exchanges, depositories, makers of market aggregation tools, securities services firms, data analytics, smart contract auditors, and issuance platforms.
“It has been an exciting year for us since we launched our NYCQ Fund and partnered with US Capital Global,” said Robert Nance, Co-Founder and Managing Partner of CityBlock Capital. “The NYCQ Fund is intended to provide accredited investors with diversified access to blockchain infrastructure investments normally accessible only to institutional investors. SharesPost’s blockchain expertise, world-class technology platform, and global visibility and reach make it an ideal choice for CityBlock Capital.”
The SharesPost marketplace connects more than 50,000 institutional and individual accredited investors around the world with opportunities to invest in private companies. SharesPost also provides investors with the ability to custody and trade their digital securities. SharesPost has a registered Alternative Trading System (ATS) with the US Securities and Exchange Commission to later facilitate secondary market trading of digital tokens.
“We are delighted to have facilitated CityBlock Capital’s recent posting on SharesPost’s platform,” said Charles Towle, CEO at US Capital Global Securities. “By digitizing traditional assets like venture capital funds using blockchain technology, CityBlock Capital is leading the next wave of disruption and innovation in the financial services industry. We’re extremely pleased to be supporting the firm’s initial digital security token sale.”
About CityBlock Capital
CityBlock Capital is the sponsor of the NYCQ Blockchain Infrastructure Fund (the “NYCQ Fund”), a private digital venture capital fund open to international investors and accredited US investors. The NYCQ Fund does not invest in cryptocurrencies or utility tokens, but plans to engage directly in the expansion of the global digital economy through equity investments in early-stage blockchain infrastructure companies.
About US Capital Global
Established in 1998, the US Capital Global team leverages the latest Fintech and RegTech innovation to provide sophisticated debt, equity, and investment products to lower middle market companies and investors. The US Capital Global group manages direct investment funds and provides wealth management and capital raise services. Operating with its registered investment bank affiliate, US Capital Global Securities, LLC, the firm acts as a licensed placement agent for companies, funds, and projects, and collaborates closely with its peers in professional banking and investment advisory. www.uscapglobal.com