Newman Capital Launches $50 Million Investment Fund to Empower Businesses With Web3 Solutions
PR94878
HONG KONG, Apr. 6, 2022 /PRNewswire=KYODO JBN/--
Newman Capital's investment helps conglomerates to capitalize on the rise of
the latest technologies and mentors them on how to navigate in the ever-growing
Web3 space
-- Newman Capital is delighted to announce the launch of its $50 million
investment fund to help cutting-edge traditional businesses to strengthen their
position in the ever-growing Web3 world. Newman is on the mission to accelerate
the Web3 adoption, especially in the traditional business world, focusing on
Asia. The alternative investment fund serves as a gateway and know-how for
conglomerates to add value to their existing business with tech-driven
solutions.
Newman Capital is well-positioned in the confluence of the digital and the
offline worlds. Its investment portfolio includes some of the most well-known
names in the technology and blockchain spaces, such as SpaceX, Epic Games,
Reddit, Dapper Labs, Loda Finance, to name a few. Newman Capital's footprint
also can be found in the art and collectibles scene, with a portfolio of Modern
and Contemporary works including pieces from Japanese blue-chip artist Yayoi
Kusama, and renowned street artist Banksy.
The newly established $50 million fund will strengthen Newman's position as a
leading alternative venture capital in Asia with three primary focuses:
technology investments, Web3 applications, and art and collectibles. The
creation of the fund also aligns with Newman's goal to empower traditional
businesses with Web3-offline fusion solutions.
The team at Newman Capital strongly believes that the future of the internet is
Web3, and it is not only about technology but also philosophy. While many
traditional players have been wanting to seize opportunities in the Web3 space,
many of them could not find the right partners to guide them through this
journey with a profound understanding of the Asian business landscape. As an
investment firm deeply rooted in Asia, Newman Capital strives to be the
alternative investment know-how for any business leaders and decision-makers in
the region that wants to harness the power of Web3.
Learn more about Newman Capital at www.newmancapital.com
About Newman Capital
Newman Capital is an alternative investment firm inspired by the renowned
racecar driver and entrepreneur. We seek founders, projects, and technology
that drive disruptive change. Our goal is to invest, mentor, and empower
cutting-edge businesses with tech-driven solutions.
Official Link:
SOURCE: Newman Capital
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