Brinc, a leading global venture accelerator founded on a sustainability mandate, announces its partnership with Fusang Corp, owner and operator of Asia’s first fully licenced and regulated digital exchange for security tokens and assets, to make startup investment more inclusive by leveraging blockchain technology and unlocking the use of a regulated digital asset exchange, wholly owned by Fusang Corp, namely Fusang Digital Asset Exchange.
Fusang will join as a new program partner under ZK Advancer (formerly Launchpad Luna), the virtual accelerator established in mid-2021 as a partnership between Brinc and Animoca Brands, the company advancing digital property rights for gaming and the metaverse. As part of this partnership, Brinc will become a shareholder in Fusang Corp.
Fusang, in turn, will provide advisory services to ZK Advancer startups, commencing with the upcoming cohort. All participating startups will have access to educational sessions from Fusang on the process of security tokenization, as well as navigating the path to private or public listing on a digital exchange.
Additional private sessions will also be available for startups seeking to tokenize their equity and list on Fusang Digital Asset Exchange. This offering provides the ability for startups from the ZK Advancer cohort to issue security tokens directly representing their underlying equity without any upfront fees nor the need to create a separate corporate entity.
In addition, Fusang’s affiliated company Portcullis — one of Asia’s largest company management and secretarial services firms — may also act as a key facilitator in assisting startups by offering access to corporate management counsel and strategic advisory services, if needed.
Manav Gupta, founder and CEO of Brinc, said “Brinc’s partnership with Fusang will enhance tokenization and fractionalization, markedly improving inclusivity in asset investment by lowering the bar for ownership, while improving…
