Nimbus Capital has allocated $10 million in funding to support the growth and enhancement of Alvara Protocol, a groundbreaking platform designed to democratize asset management within the DeFi ecosystem.
Developed using the newly created ERC-7621 token standard, co-created with technological partner Troon Technologies, Alvara Protocol presents an inventive tokenized basket factory that simplifies and streamlines basket management, making it more user-friendly for everyone.
As a private investment organization focused on facilitating transformative change and dynamic growth, Nimbus Capital strategically invests in groundbreaking enterprises around the world. Recent investments include a €25 million equity stake in HUI and their VC 3.0 Super App, as well as a £20 million investment in Leeton Holding Ltd, a global frontrunner in retrieving high-value ingredients from vegetable waste and botanical products.
Furthermore, Nimbus has committed to employing Alvara’s institutional side-chain, specifically designed for traditional asset managers and institutions, inclusive of KYC facilities for accredited investors.
“Alvara is exceptionally positioned to seize a significant growth opportunity in decentralized finance. With a remarkable management team, state-of-the-art technology such as the ERC-7621 Basket Token Standard, and the capacity to democratize fund management, they’ve created a platform that is both innovative and scalable. This $10 million capital injection is a strategic choice, as Alvara’s transparent, decentralized approach and early success, supported by Troon’s technological expertise, render it a more formidable and competitive player. This funding will enable Alvara to accelerate its development and amplify its impact throughout the DeFi arena,” stated Robert Baker, Managing Partner of Nimbus Capital.
With Alvara providing a distinctive ecosystem that guarantees complete transparency for investors and asset managers, Nimbus Capital’s investment will further drive the creation of intelligent solutions aimed at enhancing security in DeFi while delivering intuitive user experiences to a wider audience.
For further details about Alvara Protocol, please visit https://www.alvara.xyz.
About Nimbus Capital
Nimbus Capital is a private investment group concentrating on cross-border transactions. The group provides flexible and innovative funding solutions to expanding businesses worldwide. Nimbus actively invests in blockchain technologies and DeFi to tap into their transformative financial capabilities. The firm is led by seasoned managers with successful backgrounds in global markets and supported by In On Capital, a boutique wealth management firm overseeing over USD $1.2 billion in AUM.
For more information about Nimbus Capital, visit https://www.nimbuscapitalfund.com/.
