InvestaX Launches World’s 1st Digital SPACs
10.3.2021 05:29:00 EET | Business Wire | Press release
InvestaX, pioneers and creators of next generation technology driven investment products, announces the launch of the world’s first Digital SPACs, using smart contracts and blockchain technologies.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210309006112/en/
(Graphic: Business Wire)
InvestaX is a Singapore-headquartered and licensed platform for Digital Securities Offerings (DSOs) of global private markets deals, including venture, private equity & real estate.
Digital SPACs are going to play an integral role in providing necessary capital to growing companies in new industries and give investors access to unique and leading technology companies creating the infrastructure for the digital era.
InvestaX CEO, Julian Kwan, said, “InvestaX and partners, offer Digital SPACs targeting cryptocurrency infrastructure, blockchain and DLT start-ups, games and e-sports, space, robotics, AI, and other future looking industries that are reshaping the 21st century.”
Soul Capital Founder Billy So has built a successful tech portfolio of startups, many in the cryptocurrency industry, and is lead sponsor of the world’s 1st Digital SPAC.
Atlas One is the North America distribution partner.
Sponsors will accept cash or cryptocurrencies as investment, opening up a greater universe of investors and product offerings than traditional SPACs.
Digital SPACs will bring many similar elements of traditional SPACs, but offer a faster, lower cost, more flexible alternative, importantly bringing much needed capital to earlier stage start-ups in new industries, as well as greater transparency and better terms for investors.
Issuing a Digital SPAC using blockchain provides wider distribution channels for global investors who are prevented from, or prefer not to invest through traditional SPACs listed on USA stock exchanges. Digital SPACs will be distributed globally, not just domestically, opening up new markets and opportunities for sponsors and investors.
InvestaX will open source the smart contract code for the Digital SPAC, to bring greater openness, velocity, interoperability and global distribution. The average size of traditional SPACs in 2020 was approx. $350M USD making it challenging to find acquisition targets as the valuation range required is between $1-3BN USD. The first wave of Digital SPACs will target $10-50M USD, ensuring a much larger pool of potential acquisition targets and less competition for sponsors.
InvestaX provides key infrastructure to digitize real assets so you can use them to buy, sell, trade, borrow or lend instantly, across the world, 24x7.
Sign-up at www.investaX.io
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210309006112/en/
Contact information
Julian Kwan
support@investaX.io
+65 9228 0994
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Darktrace Selects Navan to Modernise Travel Program25.2.2026 11:00:00 EET | Press release
Navan (NASDAQ: NAVN), the global AI-powered business travel and expense platform, today announced it has been selected by Darktrace, a global leader in AI for cybersecurity, to upgrade its global travel program. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260225522665/en/ Darktrace Selects Navan to Modernise Travel Program “As Darktrace accelerates its expansion, in-person collaboration is critical,” said David Smith, Chief People Officer at Darktrace. “Navan’s inventory and user experience will ensure our teams and customers can easily connect, while we can maintain financial control.” As the UK-based cybersecurity company grows, Darktrace sought a partner to consolidate its travel operations, minimize administrative burden, and improve the booking experience for its workforce. Previously hampered by fragmented processes, Darktrace required a solution that would increase platform adoption and empower its employees to tra
Zuper and Vonage Reimagine Network Connectivity for Skilled Trades with Quality on Demand25.2.2026 10:00:00 EET | Press release
Zuper, the AI operating system for the trades, and Vonage, part of Ericsson, have entered into a Memorandum of Understanding (MoU) to enter into a collaboration to integrate Vonage’s network APIs into the Zuper platform. The collaboration will provide Zuper with early access to Vonage network powered solutions, starting with Quality on Demand (QoD), where mobile network performance can be selectively applied to support critical field workflows, delivering improved latency, reliability, and connected experiences for mobile workforces. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260225852261/en/ QoD is the first advanced network API being integrated¹ and represents one component of a larger vision for mobile networks as a platform that aligns network behaviour with application intent as these capabilities continue to be exposed. The ambition is to provide Zuper with programmable mobile network capabilities, powered by Vonag
AI: The New Insider Threat Facing Organizations25.2.2026 10:00:00 EET | Press release
According to the Thales 2026 Data Threat Report, organizations across various markets including automotive, energy, finance and retail say the rapid pace of AI-driven transformation is now their biggest security challenge. Based on the report’s research, conducted by S&P Global 451 Research, 61% cite AI as their top data security risk. The concern is not only about malicious AI, but about the access it is being granted as it shifts from a tool to a trusted insider. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260225599723/en/ ©Thales As enterprises embed AI into workflows, analytics, customer service, and development pipelines, these systems are being granted broad, automated access to enterprise data, often with fewer controls than those applied to human users in a corporate environment. “Insider risk is no longer just about people. It is also about automated systems that have been trusted too quickly,” says Sebastien Can
Industrial Decarbonization: Calderion, WenCo and Terravent Invest in Graforce to Scale Plasma Pyrolysis Globally25.2.2026 09:07:00 EET | Press release
The investor consortium comprising the Paris-based Next Generation Fuels Industrial & Technological fund Calderion (Audacia), alongside infrastructure developer Terravent and WenCo Family Office, announces the closing of a strategic double-digit million-euro financing round for Berlin-based Graforce GmbH. The investment is dedicated to the industrial scale-up of Graforce’s proprietary plasma pyrolysis technology, addressing the growing global demand for cost-efficient low-carbon hydrogen, syngas, and carbon removal solutions that are compatible with existing industrial infrastructures. Disruptive alternative to conventional processes Graforce’s technology aims at replacing CO₂-intensive legacy routes such as steam reforming and classical gasification. By applying plasma to methane, biogas, flare gas, and landfill gas, the process converts these streams into their valuable molecular components instead of emitting them. The result is a high-efficiency production of clean hydrogen and syn
Mevion Medical Systems Announces CE Marking of the MEVION S250-FIT™ Proton Therapy System, Expanding Global Access to Compact Proton Therapy25.2.2026 09:00:00 EET | Press release
Mevion Medical Systems, the global leader in compact proton therapy, today announced that the MEVION S250-FIT Proton Therapy System has successfully completed the conformity assessment process and has received CE Marking under Regulation (EU) 2017/745 (EU MDR). This regulatory milestone enables the marketing, sale, and clinical use of the MEVION S250-FIT system throughout the European Union, building on the system’s existing U.S. FDA 510(k) clearance granted in September 2025. The MEVION S250-FIT is the first and only proton therapy system designed to fit into a standard radiation therapy vault. By enabling cancer centers to use their existing infrastructure, the MEVION S250-FIT dramatically reduces the cost, complexity, and timeline traditionally associated with proton therapy adoption. This opens a new pathway for hospitals and cancer centers across Europe to bring advanced proton treatment to their patients. “With both FDA clearance and CE Marking now in hand, the MEVION S250-FIT is
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom