TLDR:
– Republic Asia Ecosystem Fund, an early-stage FinTech VC fund, has announced its final closing.
– The fund aims to invest in a limited number of FinTech startups and build an ecosystem of startups, institutional investors, and corporate enterprises focused on transforming financial and investment infrastructure in Asia and North America.
The Republic Asia Ecosystem Fund, an early-stage FinTech VC fund, has closed its final round of funding. The fund will invest in a limited number of financial technology startups and focus on building an ecosystem of startups, institutional investors, and corporate enterprises that aim to transform outdated financial and investment infrastructure. The investment program will be managed by Brassica Ventures, the venture capital division of Brassica, an investment infrastructure FinTech company. Brassica and Republic, one of the largest multi-asset investment platforms in the world, will provide operational and strategic support for the fund. The fund’s investment team will focus on bitcoin, asset tokenization, scalable alternative asset infrastructure, and privacy-enhancing technologies. It aims to be a connector between the Asian and North American markets and has already made four seed and pre-series A investments in fintech companies in the US, Korea, and Vietnam.