VNX Exchange, a Luxembourg-based marketplace and trading platform for tokenized venture capital assets, is pleased to announce the appointment of Michael Blakey and Will Klippgen, two internationally recognized and experienced angel investors, to its Advisory Board. Their proven knowledge of venture capital industry will provide VNX Exchange with a competitive advantage when creating new standards and services for the digital asset market ecosystem. 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 a 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.
“Our goal is to provide venture capital industry with much needed liquidity and solve a real market problem. 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,” said Alexander Tkachenko, VNX Exchange CEO and Founder.
“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.
VNX S.A. (operating under VNX Exchange brand) is a Luxembourg-based marketplace for tokenized venture capital assets. The marketplace allows VC funds to securitize a part of their future income and sell it to financial investors. The project grew out of the 2be.lu venture capital fund when its founder Alexander Tkachenko realized that lack of liquidity is a real problem for the venture capital industry. VNX’s main goal is to unlock this liquidity and make the best deals available and accessible to a wider investor base. Company site: www.vnx.io.
Alexander Tkachenko is the Founder and CEO of VNX Exchange and a Managing Partner of a European venture capital fund 2be.lu. Alexander is a leading expert in finance and venture capital, a business angel and a member of Enterprise 100, a London Business School angel investor network.
Michael Blakey is a veteran angel investor who was named a UK Angel Investor of the Year in 2015. He was also selected as one of the Maserati 100 as a “Business angel you should know.” He is the Co-founder of the UK-based investment firm Avonmore Developments, and a co-founder of Cocoon Capital, a Singapore-based venture capital fund focusing on online early-stage technology companies.
William Klippgen is a co-founder of Kelkoo which was sold to Yahoo in one of Europe’s largest internet transactions, and a frequent speaker and judge at a number of prominent startup conferences. He has also co-founded Cocoon Capital, a Singapore-based venture capital firm focusing on early-stage digital companies across Southeast Asia.
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