Synthetic asset disruptor announces Strategic Investors and Partners
Shadows Network, a decentralized synthetic asset issuance protocol built on Substrate, is ready to step out from the shadows and into the DeFi world as the company close their strategic financing round, securing $1.64M (million) from the world’s leading blockchain venture capitalists.
The Polkadot-based synthetic trading platform has amassed an impressive list of high-profile investors whose expertise and guidance will be pivotal to their ongoing success.
As we look forward to the project launch in the very near future, the financial assets innovator has released details of its strategic investment partnerships. The list features prominent venture capital firms operating in the blockchain space including but not limited to：Alphabit, AU21 Capital, Blocksync Ventures, DFG, DuckDAO, GBV Capital, JRR Crypto, Master Ventures, NGC Ventures, WaterDrip, PolkaFund, RioFund and 3Commas.
To highlight the calibre of strategic investors complimenting Shadows Network, we delve deeper into the background information of AU21 Capital.
AU21 Capital are a crypto investment firm committed to backing the most brilliant founders in blockchain. They are backers of tier 1 exchanges such as Binance and Huobi. The fund was also among the first investors in the Polkadot Network. It is a member of the Polkadot Venture Network and it is a founding member of the Polkadot DeFi Alliance.
The Shadows team is motivated to democratize finance and enable investors to gain exposure to assets. It is the natural evolution of financial markets; enabling global access to stocks, commodities, indices, and much more. Strategic investor JRR Crypto, known as the Goldman Sachs of Blockchain, echoes this sentiment.
JRR Crypto only invests in the highest-quality blockchain projects around the world. It is a FinTech group focused exclusively on disruptive innovations relating to the traditional financial industry. Headquartered in Switzerland with branches in Shanghai, Singapore, Hong Kong, Beijing and Taibei, JRR Crypto covers over $2 billion worth of Assets Under Management.
The success of every project lies in the partnerships that it builds. In a quote extracted from the Blocksync Ventures website, ”Our philosophy is successful because we invest in relationships, not deals. Deals are simply transactions. We build exceptional relationships with companies that last, collaborating on projects with conviction. The founders that we work with share our collective vision to revolutionize the blockchain movement.”
Shadows enters a new chapter of their evolution safe in the knowledge that their partners are not investing in the short term for a quick return on investment and speedy exit — they are forging long term relationships that will stand them in good stead as they look to the future…together.
This cohesive perspective is reinforced by the team at Master Ventures. Master Ventures is a blockchain-focused venture studio helping to build the next generation of blockchain-based Web 3.0 system innovations within the crypto industry. They utilize the far-reaching tentacles of their global network to bring over 3 decades of advisory and incubation expertise in the blockchain space.
Partnering with investors held in such high esteem was part of a rigorous and methodical approach by the Shadows team. Each investor heralds unrivalled expertise within the world of Polkadot’s blockchain infrastructure and Decentralized Finance. As well as Polkadot, the strategic investors have played a fundamental role in the success of other high-profile projects such as; ChainLink, Ocean and Icon amongst many others.
In a recent interview, Shadows Network CEO Iror Chen stated that these partnerships are invaluable to ensuring Shadows is the most highly anticipated project of the year,
“We are so thrilled to have these investors all come on board. They are all professional, influential, and insightful. With their investment and back-up, Shadows Network will be a huge hit in the DeFi space.”
Shadows Network is the future. It is the backbone of web 3.0 as a store of value…allowing anyone to trade on-chain assets — from anywhere. With the help and continued support of their strategic investors, Shadows will be the standout project of 2021.