LONDON (Bywire News) - In a volatile market, it’s natural to look for alternatives. All of this explains why, despite recent volatility, investors are increasingly showing interest in alternative investments, particularly those focused on the blockchain.
That’s why a recent investment from a venture fund set up by B1 to support EOSIO could be significant.
In a press release, the law firm DLA Piper revealed it was helping technology investor C3 EOS VC I Fund with its investment into Stableton. The investment will close this funding round.
C3 Management is a technology company which, it says, focuses on what it calls ‘exceptional technology companies’ worldwide. With the C3 EOS VC Venture Fund, they are looking to accelerate the growth, development and adoption of EOSIO-based blockchains and the underlying EOSIO software.
It is part of Block.one’s EOS VC program and offers developers and entrepreneurs the funding they need to create community-driven businesses leveraging EOSIO. It focuses on early-stage growth companies and typically takes a minority stake.
Stableton is an innovative alternative investment platform which caters to financial intermediaries who want to make alternative investments available to their clients. It brings together investors, financial intermediaries, investment managers, start-ups, and service providers. It has ambitious growth plans and is set on becoming the leading marketplace for alternative investments in the world.
Speaking at the time, Johannes von Rohr, General Partner at Alpha Founders Capital said: “Today, many traditional investor portfolios are exposed to an equity market downturn. In such an environment, private and mid-size investors should have access to alternative asset classes, which traditionally are reserved for large institutional investors. Hence, we believe that Stableton’s platform will unlock a huge unserved market demand.”
The attraction of alternative investments is that they provide risk-adjusted returns over the long term. They can also provide exposure to assets which may not follow the overall stock market – something which can be an attractive prospect in a difficult market environment.
Although some large institutional investors have exposure to a significant amount of alternative assets, most investors can find it difficult to access them. It’s a sophisticated asset class involving lots of paperwork and high fees which take a great big bite out of any performance you might get. Stabelton wants to change this by offering more access to the alternative market.
Stableton’s CHF 15 million Series A funding round has also attracted investment from the likes of Swiss Media company TX Group and German private equity firm DEWB which focuses on digital finance investments.
Its success shows the growing amount of capital flooding into the alternative investment space. Initiatives such as Stableton will play an important role in opening up the sector to a much wider class of investors. Its ambitions are impressive. The involvement of the C3 EOS VC Venture Fund could be seen as reflecting their hope that it could kickstart greater interest in EOSIO and EOSIO-based initiatives.
(Writing by Tom Cropper, editing by Klaudia Fior)