Superior Blockchain AG (Frankfurt, Major Market Düsseldorf, XETRA: ISIN DE000A0M93V6) is happy to announce that it has efficiently opened a brand new workplace in Stockholm and signed a memorandum of understanding (MoU) with Sting, the main accelerator within the Nordics.
To develop their attain within the Nordics, Superior Blockchain has developed a partnership with Sting. By way of this partnership, Superior Blockchain AG will turn into the most important funding automobile for the blockchain ecosystem within the Nordics. Along with Propel Capital, the funding arm of Sting and Sweden’s most energetic personal seed investor, Superior Blockchain goals to speculate as early as doable in newly incubated blockchain initiatives.
Following his appointment as a member of the corporate’s Govt Board earlier this 12 months, Simon Telian can even head the newly established partnership and act as a driving drive behind the corporate’s Nordic enlargement plans. Telian has in depth expertise in European enterprise capital and was most lately answerable for the expansion of a Swedish deep tech startup.
“This Nordic enlargement will strengthen our ecosystem of co-investors and innovators within the blockchain house. On the similar time, Superior Blockchain and its underlying portfolio firms will be capable to leverage their companies by means of our sturdy regional community,” says Telian, Managing Director and Group Chief Funding Officer of Superior Blockchain AG.
“We’re proud to have signed this partnership with Superior Blockchain AG, which is able to strengthen the worth proposition to startups within the blockchain house within the Nordic area. We see many fascinating functions for blockchain know-how in a number of sectors and this partnership will add each competence and capital to those functions”, says Pär Hedberg, founder and CEO of Sting.
Just like its partnership with SOSV, the last word aim for Superior Blockchain’s collaboration with Sting is to establish sturdy groups with daring concepts who need to construct impactful initiatives within the Internet 3.0 ecosystem. DeFi (decentralized finance, the way forward for monetary providers), NFTs (non-fungible tokens, the way forward for digital possession), in addition to the tokenization of belongings (making belongings extra accessible) are core areas the place Superior Blockchain plans to advertise development and additional lengthen their portfolio. Particulars of the partnership are set to be introduced within the upcoming weeks.
About Sting:Stockholm Innovation & Development (Sting) was based in 2002 with the imaginative and prescient to turn into Europe’s most tasty and complete ecosystem for tech startups. Their Accelerator Program has been named the Greatest Accelerator within the Nordics and the Foremost Runway for Startups in Stockholm. Up to now, Sting has secured over 750 million Euros in personal and public financing, making it essentially the most profitable and quickest rising incubation agency within the Nordics.
Extra info may be discovered at https://sting.co/.
Extra info on Superior Blockchain AG and its numerous initiatives and investments may be discovered at https://www.advancedblockchain.com/.
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