Singapore, Singapore, October 29th, 2024,
Chainwire
Foresight Ventures, the leading investment firm
specializing in Web3 projects, today announced a strategic
partnership with Deep Blue, a newly launched Jersey-based
stablecoin issuer and Arta TechFin Corporation Limited (Arta
TechFin, HKSE: 0279), a Hong Kong listed company via its
subsidiaries operating regulated financial institutions and leading
blockchain developments. The alliance aims to drive innovation and
growth of the Stablecoin and Real-World Asset (RWA) ecosystem
Deep Blue is an issuance platform for Stablecoins bringing
best-in-class practices and best partners in both digital assets
and traditional finance, enabling users to operate across multiple
use cases.
Arta TechFin will bring in its capabilities as a regulated
blockchain financial services provider, collaborating with
Foresight Ventures and Deep Blue on Stablecoin and RWA businesses
including but not limited to origination, tokenization, market
making, and providing liquidity.
Julien Bahurel, co-founder of Deep Blue, commented on the
partnership: "We are excited to join forces with Foresight Ventures
to accelerate our efforts in the Stablecoin and RWA sectors. This
partnership represents a significant step forward in our mission to
bridge the gap between traditional finance and the emerging
blockchain economy; leveraging on key crypto partners, large
Asia-based conglomerates and financial institutions.
Foresight Ventures, known for its commitment to fostering Web3
projects that promote decentralization and mainstream adoption of
cryptocurrency, will provide Deep Blue with strategic
collaborations that include media and network resources. This
partnership is expected to elevate Deep Blue’s initiatives,
bringing them to a wider audience and enhancing their impact on the
global financial landscape. Both parties look to leverage off each
other’s access to the blockchain and traditional finance
ecosystems.
Forest Bai, Representative at Foresight Ventures, expressed his
enthusiasm for the partnership: "We are thrilled to collaborate
with Deep Blue and ArtaTechFin, companies that share our vision of
a decentralized future where blockchain and traditional finance
coexist seamlessly. Our strategic resources and industry expertise
will help Deep Blue scale its ecosystem and make a lasting impact
in the stablecoin and RWA domains."
This strategic partnership marks a new chapter for all companies
as they work together to pioneer cutting-edge financial solutions
that will shape the future of the global economy.
For more information , please visit Deep Blue Limited or ArtaTechFin
About Foresight Ventures
Foresight Ventures is the
leading global crypto venture capital firm, managing over
$400 million in assets across
100+ investments. With a research-driven approach,
Foresight Ventures bridges Eastern and Western markets, focusing on
early-stage opportunities in Web3. Its diverse portfolio spans
blockchain infrastructure, AI and consumer applications with
investments in top companies like Bitget, Aptos Labs, and TON. Through its premier
owned media network, including The Block, Coinness and BlockTempo, the firm
provides exposure to transformative technologies that shape the
future of financial ecosystems.
Foresight Ventures backs the boldest upcoming innovations,
encouraging concepts that challenge conventional platforms with
real-life use cases built on emerging technologies. Dedicated to
accelerating crypto adoption for billions of people worldwide,
Foresight Ventures breaks down barriers empowering global financial
freedom and inclusion to all.
For general enquiries, please email:
fv@foresightventures.com
Contact
Media Team
Foresight
Ventures
fv@foresightventures.com