VNX Exchange is a pioneer in transforming fundraising for VC industry in Europe. VNX is changing the way how Venture Funds raise capital through issue of digital assets.

The first offering of 3 mln EUR was announced at the “Ring the bell” ceremony by Alexander Tkachenko, CEO and founder of VNX Exchange, in the presence of Pierre Gramegna, Luxembourg Minister of Finance, and In-kyu Park, The Embassy of the Republic of Korea to the Grand Duchy of Luxembourg.

The first digital asset is backed by proceeds from investment into convertible bonds issued by Streami Inc. - one of the most innovative blockchain companies in South Korea. Streami Inc. is the owner of GOPAX - TOP-3 Korean crypto exchange and DASK – regulated national crypto depositary service.

At this occasion Pierre Gramegna said that “VNX is one of the success stories of Luxembourg House of Financial Technology, the LHoFT”. He also said that the announced deal with the Korean company shows that FinTech brings all people together from around the world.

“Streami offering demonstrates the real use case of asset backed tokens to finance VC investments, – Alexander Tkachenko, CEO and founder, VNX Exchange. We are changing the way how venture funds can raise capital and increase returns”

“I strongly believe in the development of the assets-backed digital financial instruments. VNX offering shows how fundraising for VC industry may evolve and by extension implications to the financial industry. I am very excited and proud that Streami is the first offering presented at VNX platform,” - Junhaeng Lee, co-founder and CEO of Streami.

The launch ceremony was followed by a panel discussion “Digital Assets – implication for the venture capital industry” where the leading experts both from VC, institutional investors, legal and technology had in-depth discussion about the impact of tokenization on the industry landscape. Among speakers were Jean-Louis Schiltz, Senior Partner at Schiltz & Schiltz and Professor (hon.)
at the University of Luxembourg, former Luxembourg Minister of Telecommunications, Professor Dr. Radu State, Head of the SEDAN Group at SnT, the University of Luxembourg, Nitan Pathak, Head of Unit – Institutional Client Relationship Management, European Investment Fund, Junhaeng Lee, co-founder and CEO of Streami and Alexander Tkachenko, VNX Exchange, CEO and founder.

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