Singapore GIC(government) invested in Coinbase

(Mao Mao) #1

If one day, huge institutional/government investment firms wishes to invest in nash, will you welcome them? This will bring faster adoption and quicker execution of your roadmaps. @canesin @ethan

Are you guys also approaching this kind of investments to speed up your roadmaps?

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(Jump Around) #2

People don’t realize how big of an investment this actually is. GIC is the 3rd biggest sovereign wealth fund in the world. Bullish for all of Crypto.

(Dan) #3

won’t they have to buy tokens on the open market?

(Jump Around) #4

They would buy into the Equity % of existing companies, not their tokens. (ie. Nash/Binance/etc)

From a quick search, GIC was part of a group that invested approximately $300M USD at a projected valuation of $8B, which leaves them with a stake of around 3.5%-4%. This just further legitimizes the technology and the space when you look at their portfolio.

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(Mao Mao) #5

That’s right. Singapore government are very strict and careful in investing. $300 MILLION dollar investment is not little. Still interested to know if anyone approached nash to invest.

(Jump Around) #6

Really hard to say, those investments can come at any stage of the game. Ranging from seed/start up money, to large equity investments to already established companies that require additional capital for new projects. Just because it hasn’t happened yet, doesn’t mean it won’t down the road.

(Mao Mao) #7

Hey thats true. Money will start pouring in when the institutions see big money opportunities.

(Janasena) #8

Nash as a company have many options (unstaked dividend, fees from financial products that are not going through match engine) to generate revenue. I think, any institutional/government investment firms can buy equity % from Nash. This may happen if NASH get enough licenses to trade traditional securities and digital STOs across globe. Until then just HODL…

(Frenk) #9

NASH already is backed by investors like NEO and others

(Mao Mao) #10

yes, but its a whole new level if nash is invested by government investment bodies like Singapore GIC.