New York, May 08, 2019 (GLOBE NEWSWIRE) — Fusion Foundation, the non-profit open source developer building the next generation infrastructure for decentralized global finance, today announced that it will begin working with United Arab Emirates-based (UAE) blockchain developer, Nvelop Holding, to digitize cross-border assets such as real estate, commodity mining revenues and other alternative investment opportunities. Through this partnership, the two parties are democratizing wealth creation by giving people new ways to access the economy.
Nvelop is a blockchain-focused investment and development firm, founded in partnership with funds from Asia and the Middle East. Nvelop supports and invests in technology focused start-ups that are aiming to solve some of the toughest challenges in the conventional financial ecosystem by leveraging the new efficiencies of blockchain.
The coordination between Nvelop and Fusion is focused on the strategic development of cross-border digital assets, demonstrating the power of investments without physical constraints that blockchain enables. The partners will tokenize assets to create new investment efficiencies, transparency, and ultimately, advance the global reach enabled by blockchain and digital assets.
“We believe that the synergies between Nvelop and Fusion will be pivotal in the growth, development and maturity of the token economy that brings real value to the public,” said Daniel Lilischkies, CEO at Nvelop / Partner, Trill Ventures Group.
Leveraging Fusion’s ability to efficiently digitize assets with an extensive range of attributes and to customize value exchange with unprecedented interoperability, Nvelop can realize new opportunities across traditional industries such as real estate, mining and other alternative investments.
This partnership will connect traditional investments and processes with the new era of digital securities and blockchain-enabled value exchange. Furthermore, Fusion’s interoperable protocol will provide Nvelop with the connectivity necessary to foster a more diverse marketplace that includes digital assets and information.
“Nvelop’s goal is to bring niche asset classes into the digital world, providing both investors and asset owners with reach and efficiency not currently possible in the traditional financial industry,” Said Dejun Qian, Founder and CEO of Fusion. “The collaboration between Nvelop and Fusion empower participation from every industry and every geography in global finance.”
About Fusion Foundation
Fusion Foundation is a non-profit organization building the next generation infrastructure for decentralized global finance. By providing innovative companies and developers with the open source technology they need to build peer-to-peer time and value-based applications, the world will enjoy financial transactions that are more accessible, efficient and transparent than previously possible. Fusion’s seasoned team of industry veterans led by Founder and CEO DJ Qian, a blockchain pioneer who previously launched two top 20 global blockchain projects (VeChain and QTUM), is working to collaborate with financial institutions, cryptocurrency companies, businesses, peer-to-peer lenders, third-party app developers, academia, and the broader blockchain community. By providing the foundation that enables different cryptocurrency tokens, digital assets, off-chain values, and data-sources to be created and exchanged between the Fusion blockchain, other blockchains and financial systems, Fusion is moving ever closer to a globally accessible system for the free exchange of values. Visit www.fusion.org to learn more about Fusion and its partnership program.
Nvelop is a UAE based blockchain focused investment and development firm founded in partnership of funds from Asia and the Middle East. Nvelop’s mission is to bridge the innovation gap across the region with specific focus in finance and blockchain. For this purpose, Nvelop supports and invests into technology focused start-ups that are set to solve some of the toughest challenges in the conventional financial ecosystem by leveraging blockchain.