Results of 2023 in DigiU
This year, we moved to the second stage of company development – the venture fund stage. It will last for 3 years, and in the first year, our goal was to invest in 3-5 startups, work on establishing the fund, test internal processes, and commence registration. Based on this, we're sharing the outcomes of our work!
«We're progressing ahead of the roadmap: currently, our investment portfolio comprises 5 projects, dozens of test deals have been conducted, and the process of registering the legal entity for the Venture Capital Fund has been initiated. We are part of a community with over 350 other funds and business angels, exchanging projects and opinions. Additionally, we've received over 70 applications to participate in the fund with checks starting from $100,000 from various countries», said Alexander I, the head of DigiU Venture Capital Fund.
In this post, we've shared the achievements of the projects – be sure to read it!
«We consider this year undoubtedly successful because the venture fund stage kicked off with maximum productivity, and we see tremendous potential in this», commented CEO Alexey Ognev.
In addition, we visited numerous countries, allowing us to delve deeper into markets, forge partnerships, and operate at the level of large companies and government structures. This work will be continued and will yield tangible results!
Moreover, we participated in international exhibitions such as the Web3 Festival in Hong Kong, the international crypto exhibition TOKEN2049 in Singapore, Blockchain Life 2023 in Dubai, spoke at and participated in panel discussions at the largest Indian exhibition Money Expo 2023 in Mumbai. This provided us with significant insights and opened new horizons for the company's development. Next year, we'll certainly continue participating in such events.
Furthermore, we organized our own events for our investors and partners: an investment forum in India, Mumbai, and at the end of the year – in Novosibirsk.
The next year promises to be breakthrough: we're launching revolutionary RWA projects, EYWA is entering a new stage of growth thanks to a deep partnership with Curve, we'll continue expanding our international presence, participating in exhibitions, and visiting various countries. And one of this year's most important decisions was the decision to conclude share sales from 30.06.2024.
This process has begun, and there's much ahead of us: company reorganization, share burning, preparation for further development.
We're glad you're staying with us and continuing to support the ecosystem in its development. Thank you all for this year.
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