Liquefy partners with Infinity Group to revolutionise cross-border JV model through blockchain

By BizClik Admin

Blockchain specialist Liquefy has secured a partnership with Infinity Group, a Chinese-Israeli-American investment fund with over US$1.5bn, and Innonation which itself fosters strong cross border relationships between Chinese and Israeli firms.

Liquefy’s blockchain-based digitalisation platform will be leveraged through the partnerships to digitalise a range of asset classes under the fund’s management, enabling issuers to raise funds with greater speed, ease and cost-effectiveness.

In addition, the digitalisation of these assets, including real estate, private firms, commodities, and funds, will boost the liquidity for investors as well as making the assets more attractive to prospective investors, Liquefy said in its press release.

Liquefy also noted that the application of its blockchain solution will enable Israeli companies to leverage a new JV model when entering Chinese markets.

SEE ALSO:

"We foresee many potential use cases for digitization and are excited to explore the joint venture structure as a form of market entry into China" said Adrian Lai, CEO of Liquefy, in the firm’s statement.

"Partnering with Infinity Group and Innonation gives us greater access to both the Greater China Region and Israel, the regional technology hub, and provides the opportunity for Israeli technology companies to incentivize domestic Chinese companies, unlocking liquidity, and obtaining funding from the Greater China region. 

“We see this as a symbiotic partnership which can be fruitful for all parties over many years to come.”

Share

Featured Articles

Nirvik Singh, COO Grey Group on adding colour to campaigns

Nirvik Singh, Global COO and President International of Grey Group, cultivating culture and utilising AI to enhance rather than replace human creativity

How Longi became the world’s leading solar tech manufacturer

On a mission to accelerate the adoption of sustainable energy solutions, US$30 billion Chinese tech firm Longi is not just selling solar – but using it

How Samsung’s US$5billion sustainability plan is working out

Armed with an ambitious billion-dollar strategy, Samsung is on track to achieve net zero carbon emissions company-wide by 2050 – but challenges persist

UOB: making strides in sustainability across Southeast Asia

Sustainability

Huawei smartwatch goes for gold with Ultimate Edition

Lifestyle

How IKEA India plans to double business, triple headcount

Corporate Finance