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Alvara Protocol, an on-chain asset management project, secures $10M from Nimbus Capital


an on-chain asset management project

October 22, 2024


Alvara Protocol, a DeFi platform focused on democratizing asset management, has received a $10 million growth investment from Nimbus Capital. This investment will speed up the platform’s development and expansion.


Project

Latest Raise

Latest Raise Date

Lead Investor

Category

Alvara Protocol

$10M

October 22, 2024

Nimbus Capital

DeFi

Additionally, Nimbus plans to use an Alvara side-chain for managing institutional funds. This side-chain will be customized for traditional financial markets, incorporating KYC compliance for accredited investors, thus bridging the gap between DeFi and institutional finance.


About Alvara Protocol

Alvara is a platform in the decentralized finance (DeFi) sector that allows users to create, manage, and invest in on-chain baskets of assets. It aims to democratize asset management by offering a transparent and decentralized approach. Alvara uses the ERC-7621 token standard to provide flexibility, enhanced liquidity, and simplified portfolio management. The platform supports both individual and institutional investors, ensuring that all transactions are secure and transparent.



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an on-chain asset management project

About Investor

Investor: Nimbus Capital

Nimbus Capital is a private investment group that specializes in complex, cross-border transactions. They focus on identifying and investing in unique opportunities that are often overlooked or underserved globally. With a robust capital foundation, Nimbus Capital provides flexible and strategic funding solutions across various industries, including public and private equity, liquid credit, and real estate. Their approach involves collaborating with family offices, hedge funds, and private equity partners to find alpha-driven opportunities while mitigating potential risks.


Location: Washington, DC

 

 

 

A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.

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