FD7 will make a combination of token and equity investments, focusing on projects that promote the core mission of Web 3.0, cryptocurrencies and the blockchain space.
Canada, Feb 14, 2021 /AlexaBlockchain/ – With global cryptocurrency adoption looking more eminent, FD7 Ventures is the latest firm to enter into the crypto investment business.
Launched by serial entrepreneurs Prakash Chand and Q Dhalla, FD7 Ventures is a global crypto asset management and investment fund with $1 Billion committed from a network of global investors. The crypto asset management division will help investors looking to diversify their portfolios into the growing cryptocurrency space.
Chand, Managing Partner of FD7 Ventures, said:
“Being a purchaser of bitcoin and other cryptocurrencies since 2011, I have watched the industry mature. From family offices, to business leaders and entertainment figures, we are seeing an increased demand for investment alternatives. As the space grows, execution risk remains in both storage and custody, and vetting of credible investment alternatives. Our mission is to offer a de-risked and credible path for seasoned investors to enter the space.”
Chand has worked with global leaders in the cryptocurrency space, creating a strong network which will complement the mission of FD7 Ventures. Previously, Chand was the founder of Ask The Doctor.
Chand manages the firm along with serial entrepreneur Q Dhalla. Dhalla has several previous exits under his belt and plans to apply his experience to the firm’s Venture Capital strategy.
FD7 will make a combination of token and equity investments, focusing on projects that promote the core mission of Web 3.0, cryptocurrencies and the blockchain space. The company has made their first 3 investments in projects based out of Toronto, Canada and Dubai, UAE.
To learn more about FD7 Ventures, please visit: https://www.fd7.ventures/