SPiCE VC, the leading venture capital (VC) firm in the Blockchain & tokenization ecosystem, announced today the launch of SPiCE II, a new fund offering investors exposure to the unprecedented growth opportunities within the expanding digital economy. As the VC’s first traditional fund, SPiCE II has a renewed focus on identifying innovative companies that stand to benefit the most from the mass proliferation of Blockchain technologies across many industries. A tokenized version of SPiCE II is expected to launch in a few months.
The introduction of SPiCE II comes on the heels of the overwhelming success of SPiCE I – it’s first and fully tokenized fund. With a 350% increase in security token price in 2021, SPiCE I was named the top performing fund in the tokenization and Blockchain market by Security Token Market, the largest security token financial data and media firm. Helping drive its historic growth, SPiCE I experienced three portfolio companies successfully going public in 2021, including INX Limited, Lottery.com and Bakkt in addition to some other stellar portfolio companies like Blockdaemon and Securitize.
“It’s no secret that Blockchain is disrupting the financial industry, as well as multiple other industries, and is on a rapid growth path to becoming a multi trillion-dollar market. Now, with the launch of SPiCE II, our role in identifying and investing in companies that are key to building the ecosystem of a digital future cannot be overstated,” said Tal Elyashiv, co-founder & managing partner of SPiCE VC. “We are excited to begin the next chapter of SPiCE VC, which has already ushered in a new era of venture capitalism in a Web3 world. We look forward to working with today’s most innovative entrepreneurs and forward-thinking investors to create immense opportunities for wealth creation now, and well into the future.”
Along with SPiCE II’s official launch, Tal Elyashiv and the SPiCE II team is kicking off a global investor…
