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VNX Exchange adds VC pair to advisory board

Tony Zerucha

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VNX Exchange, a Luxembourg-based marketplace and trading platform for tokenized venture capital assets, has appointed angel investors Michael Blakey and Will Klippgen to its advisory board.

As a successful serial entrepreneur and tech investor, Mr. Blakey co-founded UK-based investment firm Avonmore Developments. Mr. Klippgen was a co-founder of a price comparison portal Zoomit.com which later merged with Kelkoo and was sold to Yahoo! Blakey and Klippgen have also co-founded Cocoon Capital, a venture capital firm targeting early-stage, enterprise tech startups in Southeast Asia.

“As interest in ICOs is fading, investors are increasingly turning towards venture capital. Even though  the volume of venture capital market is currently estimated at around $1 trillion, investors’ focus on venture capital has been relatively moderate over the past several years because of  its low liquidity,” Mr. Klippgen said.

As a marketplace for tokenized venture capital assets, VNX Exchange aims to provide a solution for this lack of liquidity in the venture capital industry with the help of blockchain-based technology. VNX Exchange was incubated and initiated at 2be.lu, a Luxembourg-based venture capital fund.

Alexander Tkachenko

“Our goal is to provide venture capital industry with much needed liquidity and solve a real market problem,” VNX Exchange founder and CEO Alexander Tkachenko said. “We are happy to welcome Mr. Blakey and Mr. Klippgen whose extensive experience in venture capital investing will considerably strengthen our platform. They bring unparalleled  leadership skills, a deep knowledge of venture capital and years of experience in finance. We strongly believe that their involvement will generate further interest in our project from the European and Asian business communities.”

“Since I became an angel investor in 2000, I have always looked for tools that boost venture capital liquidity. Such tools are especially important now when many investors globally are becoming increasingly interested in this asset class. I strongly believe that VNX Exchange has what it takes to disrupt financial markets,” Mr. Blakey added.

Tony Zerucha

Tony Zerucha is an alternative finance journalist with more than seven years experience in the space. The author of more than 1,000 articles, Tony was named LendIt's 2018 Journalist of the Year.

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