2 years ago
Payments and fiscal infrastructure steadfast Stronghold’s concern money – Stronghold Capital – volition absorption connected the areas of overlooked and underrepresented founders and money managers, the payments and fintech ecosystem, and the Web 3 and blockchain ecosystem.
The money has already enactment wealth to enactment successful Sam Bankman-Fried’s Alameda Research via a decentralized concern (DeFi) syndicated indebtedness done Maple Finance. Another aboriginal concern is successful Precursor Ventures, which looks to instrumentality stakes successful companies whose founders place arsenic women, LGBTQ+ oregon BIPOC.
"Stronghold Capital volition make opportunities to make caller products and concern models that amended fiscal infrastructure for everyone," said Tammy Camp, CEO of Stronghold, in the property release. Camp volition besides beryllium the money manager for the caller superior arm. “Identifying and investing successful emerging endowment – particularly underrepresented and undervalued founders – stands to payment the developer community, the fintech manufacture and adjacent nine arsenic a whole.”
Stronghold’s SHx token was launched successful 2018 to supply real-time settlement, discount successful fees for concern customers, rewards, and merchant currency advances. It was listed connected Kucoin speech this week.
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Michael Bellusci is CoinDesk's crypto payments reporter.
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