The crypto currency exchange Lykke, together with two former executives of IBM and UBS is launching a blockchain-up accelerator and venture capital company, writes CoinDesk.
On Thursday, the company Blockchain Valley Ventures (BVV), located in the Swiss city of Zug, has announced that it will begin offering a variety of services for companies trying themselves in the field of blockchain, including attracting investment, ICO, marketing support and assistance in the development of tokens.
BVV has also said it will help companies to integrate blockchain technology Lykke, based on the open code.
“The key mission of the BVV is the building of bridges between startups and investors. We help projects that offer real, substantial benefits for the global economy and the blockchain sector as a whole”, – said in a statement Oliver Bussman, member of the Board of Directors BVV and former Director of UBS, information technology.
The company highlighted its strategy of financing new enterprises Hybrid Model (“hybrid model”) and explained that he plans to use a combination of venture capital and investments with the help of ICO.
“ICO became the new norm, now do not need to wait until you accumulate a significant amount of money to realize their dreams in life, said in a statement, Richard Olsen, founder and CEO of Lykke. – However, many who want to produce their own token, you need a guiding hand. Neutral, independent and impartial”.
The company also said that the first intends to focus on projects from the EU, but also eyeing the global market and influence.
“Our long term vision is to make BVV leading managing holding in Cryptoprotected, said a former top Manager of IBM, Heinrich Sedlmayer. We will do this by helping projects, which, in our opinion, there is a real opportunity to have a lasting impact on the industry, ready to change.”