SPiCE Becomes First Digital Security to List on Fusang Exchange
Summary
The barrier-breaking partnership will advance our mission to provide market participants more diverse investment opportunities and access to liquidity, and to further the digital revolution in capital markets.” Most international investors, subject to the relevant jurisdictional regulatory constraints, will now have access to SPiCE via the Fusang Exchange (in addition to the current marketplaces listing SPICE). “We’re thrilled about the partnership with SPiCE VC and Securitize, two leaders in the digital securities ecosystem,” said Henry Chong, Fusang’s CEO. These latest moves by SPiCE underscores the firm’s efforts to provide its investors wide exposure to the massive growth of the blockchain and tokenization ecosystem. Since the fund’s first closing in 2018, SPiCE has achieved value appreciation of 65 percent, focusing on portfolio companies aiming to change the digital tokenization landscape. SPiCE invests globally in platforms and ecosystem providers enabling access to capital markets, banking, real estate, and other industries enhanced through Blockchain technologies.