Hillstone Finance Raises $3M From SL2, BAF, Dabi, and AnotherBrain
On Oct 1, Hillstone Finance received $3M investment from SL2, BAF, Dabi, and AnotherBrain.
Hillstone has finished distributing 6M HSF to its investors. All the distributed token were extracted from the Bootstrapping Fund wallet. The investors will be joining Hillstone Finance as partners of Hillstone’s ecosystem. We expect a great synergy with our partners in importing operating various fund products since our partners are experienced in investment.
Original article: http://www.blockchaintoday.co.kr/news/articleView.html?idxno=25380
Translation of the original article:
Hillstone Partners Attracts Investments From Global Investment Firms
Participants include firms from Dubai, China, Vietnam and etc.
The “Hillstone Finance Token” project run by digital asset operator “Hillstone Partners” attracted $3Million worth investment from SL2, BAF, AnotherBrain and etc. on 1st of Oct.
“Hillstone Finance Token” is an asset-based crypto project run by “Hillstone Partners,” the investment specialist in blockchain field, aimed to make financial investment easier. It allows retail investors to directly make investments to the venture fund products they seldom have chance in accessing to and depending completely on individual’s choice, he or she can also realize instant liquidation of the asset.
Hillstone Partners was first revealed to the public via listing HSF token at global exchange “MEXC” last December and then been making growth while continuously listing the token on global exchange platform such as “Gate.io,” “Huobi Global” and etc. Four investment firms (SL2 Capital, BAF Captital, Dabi and AnotherBrain) from Dubai, China, Vietnam and Korea have made participation in investment this time.
SL2 Capital is a venture capital firm found in 2017 at Dubai having development house/studio and labs making project assessments and proceeding investments with its partners. SL2 Capital currently has 56 projects in total listed on its portfolio, having “CasperLabs,” “REALM,” “STAR SHARKS,” “SOLSTARTER” and etc. as leading examples.
BAF Capital is a Chinese venture capital firm found in 2013 and makes investment decisions prioritizing the analysis regarding companies’ technical capabilities and operational abilities. BAF Capital has 27 crypto projects in total on its investment portfolio with “Polkadot,” “Dydx,” “Uniswap” and etc. as examples.
Rayol Hwang, the CEO of Hillstone Partners, along with explaining the background of the investment decision saying that he and his company will act as a bridge connecting digital and traditional asset, states that “It is meaningful on the fact that we have proven our capabilities as a digital asset management platform through transparent operations over the past year and that we have reached a consent on not just the concept of fund investment but building the collective ecosystem.”
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