True Global Ventures Celebrates Major Investment Milestones in the U.S.
True Global Ventures Celebrates Major Investment Milestones in the U.S.
In a remarkable turn of events, True Global Ventures (TGV), an esteemed international venture capital firm, has celebrated two major milestones within a mere 72 hours in the U.S. This week marks a significant moment for TGV as it solidifies its commitment to investing in groundbreaking technology firms focused on artificial intelligence (AI) and blockchain solutions.
The firm recently announced the acquisition of Forge Global Holdings by Charles Schwab Corporation for approximately $660 million, alongside the ambitious announcement surrounding Animoca Brands’ plans for a public offering on the Nasdaq, through a merger with Currenc Group Inc. This double accomplishment underlines TGV's strategic focus on supporting visionary entrepreneurs who aim to redefine the landscape of finance and digital assets.
Forge Global's Acquisition
Forge Global, a pioneering entity in the digital infrastructure for private market liquidity, has been acquired at a valuation of approximately $45 per share, resulting in a significant boost for TGV's investment thesis. As highlighted by Dušan Stojanović, the founding member of TGV, the acquisition signifies the rapidly converging worlds of traditional finance and private market dynamics. “Moments like these remind us why long-term investing is vital,” said Stojanović, emphasizing the transformative nature of Forge Global’s approach to liquidity in private markets.
Kelly Rodrigues, the CEO of Forge Global, expressed enthusiasm about the partnership with a reputable institution like Charles Schwab, envisioning it as a critical step towards democratizing access to investments in private companies. “This partnership accelerates our mission,” she affirmed, reflecting on TGV’s role in supporting Forge’s vision since inception.
Animoca Brands' Planned Nasdaq Listing
On the other hand, the planned merger of Animoca Brands with Currenc Group Inc aims to create a robust entity wherein the shareholders of Animoca will own nearly 95% of the new combined company. This merger is poised to unfold in the latter half of 2026, potentially leading Animoca Brands to become listed on the Nasdaq.
The strategic merger stands as a testament to Animoca's ambition to lead the charge in digital property rights, promising enhanced synergies that leverage advancements in digital payments and tokenized assets. According to Yat Siu, co-founder and Executive Chairman of Animoca Brands, this movement signifies a pivotal step toward broadening the reach of digital asset ownership across diverse sectors, from gaming to finance.
A Defining Week for TGV
The milestones achieved by both Forge Global and Animoca Brands affirm TGV's long-held investment philosophy: fostering visionary founders, scaling innovation, and bridging the gap between traditional finance and pioneering technologies. In light of recent developments, TGV has further established its reputation as one of the leading venture capital firms globally, especially resonant given the recent licensing approval for its fund management services from the Monetary Authority of Singapore (MAS).
With a portfolio that includes groundbreaking companies such as Forge Global, Animoca Brands, Ledger, and The Sandbox, TGV continues to support teams dedicated to building impactful technology ventures. The firm’s global presence, spanning cities like San Francisco, New York, London, and Singapore, highlights its commitment to fostering innovation worldwide.
As TGV celebrates these significant achievements, it remains poised to navigate the evolving landscape of venture capital, continuously adapting to foster the technologies and business models that will shape future industries. The energy surrounding these events suggests that TGV is just getting started, building a legacy of transformative investments that resonate across the technology sector and beyond.