Zignaly, a Singapore-based social investment platform, secured a $50m capital commitment from Luxembourg-based GEM Global Yield LLC SCS.
The company intends to use the funds for global expansion.
Led by CEO Bartolome Bordallo, Zignaly provides a platform that lowers the barrier to entry for investors who are looking to add digital assets to their portfolios. The company serves the industry’s top traders and funds, and enables them to share their track record and expertise so members on the platform can let the experts handle all of the heavy lifting — while sharing in the profits with a win/win for both member and trader.reap in the profits. Zignaly’s multi-chain, multi-exchange infrastructure (and native ZIG token) supports sales and IDOs on chains including Ethereum ERC20, BSC, Polygon, Solana, Harmony, Avalanche and other blockchains. Additionally, the company recently launched ZIGPAD, a brand new launchpad-style incubator and investment network designed to facilitate fundraising for blockchain projects and cross-chain IDOs with minimal knowledge or expertise in smart contracts.
To date, members of the platform have invested more than USD $120 million in the portfolios of more than 300 of the platform’s vetted expert crypto traders and fund managers.
The platform raised a $3 million funding round in March 2021 led by Parataxis Capital and joined by Sino Global, Okx Blockdream Ventures, Disrupt.com, LVT Capital & few others.
FinSMEs
07/03/2022