Blockchain Capital Revamps Tokenized Fund with Dividend and ZKsync Migration for Enhanced Accessibility

Blockchain Capital Revamps Tokenized Fund with Dividend and ZKsync Migration

Blockchain Capital (BCAP), a front-running venture firm in the blockchain realm, has made significant advancements in its tokenized venture fund. Announced on December 11, 2024, these updates emphasize the firm's aim to enhance decentralization and maximize efficiency within venture capital investments.

A notable aspect of this upgrade is the introduction of dividend payments for investors, set at $0.25 per token in USDC, with disbursement scheduled for January 28, 2025. This dividend reflects an impressive 25% return on the fund's initial token offering price of $1, launched back in April 2017.

The transition to ZKsync is a pivotal enhancement, supported by notable portfolio companies like Securitize, Circle, and Matter Labs. This move not only marks an uptick in the fund's operational efficiency but also promises investors swifter transactions and significantly lower fees. Tokenized funds have already begun to revolutionize the venture capital industry, permitting both accredited investors and non-US participants to engage with more flexible capital commitments, thereby broadening the market accessibility.

Since its inaugural token offering in April 2017, Blockchain Capital has successfully attracted over 850 investors from 80 different countries, with investment amounts ranging from $10 to almost $1 million – demonstrating a strong global outreach and diverse participation.

ZKsync stands out as one of the premier Ethereum scaling solutions, providing a secure Layer 2 platform. Utilizing zero-knowledge proof technology, ZKsync preserves the security assurances of Ethereum while significantly accelerating transaction times and curtailing related costs. Thus, it presents an ideal conduit for businesses aiming to present tokenized assets to both institutional and mainstream audiences.

Alex Gluchowski, Co-Founder of ZKsync, noted the significance of tokenized funds in democratizing venture capital access. “These funds symbolize a transformative phase that offers unprecedented ease and transparency for a broader spectrum of investors,” he stated.

By migrating to ZKsync, Blockchain Capital aims to redefine the investor experience, ensuring heightened security and efficiency in venture investments. According to Gluchowski, this upgrade aligns with global industry needs and reflects a collective vision among prominent players, highlighting their commitment to advancing technology in the realm of investment.

Carlos Domingo, Co-Founder and CEO of Securitize, praised Blockchain Capital’s leading efforts within the digital asset ecosystem, stating that the latest upgrades signify ongoing innovation in creating new prospects for both issuers and investors alike.

“Facilitating the transition to ZKsync will yield immediate benefits for our investors, further illustrating our belief in blockchain's power to broaden the investment landscape,” Domingo remarked.

Brad Stephens, Co-Founder of BCAP, expressed pride in the ongoing progress of their tokenized fund and emphasized the importance of collaboration with portfolio firms to maximize potential outcomes. “We are dedicated to constructing an inclusive investment environment, fostering partnerships that advance this crucial mission,” he commented.

This development not only underscores Blockchain Capital's dedication to innovation but also reinforces its mission to democratize access to venture capital investments. With a legacy of over 100 investments in diverse blockchain projects, BCAP remains a notable figure within the blockchain investing community.

For further insights about Blockchain Capital, one can visit Blockchain Capital's Official Website. Similarly, to explore ZKsync's transformative potential in the blockchain space, check out ZKsync's Official Portal.