Trend of Tokenization Series – COSIMO VC Firm Staged for Investments in Tech Companies

COSIMO Ventures had unveiled the first tokenized VC fund “COSIMO X”. The tokenized venture fund implies higher liquidity; while the most conventional VC funds have a lodging span of around seven to ten years, opening the VC market to an entirely new class of investors who can now take advantage of high growth, deep tech projects at the forefront of innovation.

With a minimum investment of $250,000 for accredited investors in the US and $10,000 for non-US investors, while traditional VC funds require a minimum investment of $500,000 or more to access to COSIMO X.

They have now made announcements of three late seed round investments through its evergreen, tokenized VC fund, COSIMO X. 

GECKO Governance, a blockchain-driven financial solution would likely be infused with the funding that enables fund managers to fulfill regulatory and compliance requirements, and Oneiro, the developer of ndau - the world’s first, buoyant digital asset. 

Furthermore, COSIMO X will invest in Lingar, an augmented reality mobile application and SaaS platform for museums, cultural institutions, tours, and special venues.

The managing partner of COSIMO Ventures, Mr. Ciaran Hynes, clarified about the investment “after an initial high volume wave of lower quality projects in the blockchain and cryptocurrency spaces, companies like Lingar, Oneiro and GECKO are building products from the lessons learned in years prior. In addition to seed investments, we will provide hands-on advisory and management services to help these disruptive early-stage companies succeed.”

In this particular project, about $1.5 million is likely to be infused to Oneiro by COSIMO X, designed with smart monetary policies that mitigate volatility risks in conjunction with an underlying endowment of assets which together generate a digital asset optimized for the long-term store of value. 

“The tokenized model of COSIMO X allows investors to gain exposure to promising early-stage companies like Oneiro, Lingar, and GECKO, with the benefits of increased liquidity and a lower barrier to entry,” Hynes appended.

Predominantly, the COSIMO X project concentrates on deep tech companies ranging industries from blockchain, artificial intelligence, AR/VR, IoT, and cybersecurity.

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