HyperChain Capital, a digital assets hedge fund focused on Blockchain companies and Initial Coin Offerings, (ICOs), has announced a collaboration agreement and strategic investment into CoinDash, a social media platform designed to manage crypto assets.

The partnership will allow CoinDash to benefit from HyperChain Capital’s advice and support on Coindash’s forthcoming ICO. The ICO is expected to be held in July, with HyperChain helping build its framework and related preparations and advising on strategy.

Digital assets make up a daily volume of over $4 billion and its total market capitalisation recently surpassed US$100 billion dollars.

“HyperChain Capital team have extensive experience in investing in blockchain technology companies and have advised and invested in numerous successful ICO’s including; ICONOMI, iEx.ec, Gnosis and Golem, to name a few,” says, Stelian Balta, Founder of Hyperchain Capital. “CoinDash’s team is one of the best in the industry and we believe that its platform is set to be the future of digital assets trading, making it an ideal investment for HyperChain.”

“CoinDash is progressing towards an ICO that will take place in the coming months and one of our objectives is to bring on board the right team and collaborators to make sure our ICO will lead to the creation of a winning crypto asset investors platform,” said Adam Efrima, CoinDash Co-founder.

“We are delighted to welcome HyperChain Capital as an investor and adviser.  Their long and successful ICO investing record is second to none and we look forward to a long-term relationship in developing and growing a revolutionary offering for investors in crypto assets.”

Time to invest?

Last week we saw a discussion on bitcoin and blockchain at MoneyConf 2017 in Madrid, where the importance of ICOs was brought up as a new way to transform and democratise investments.

In a talk with Yoni Assia, CEO of social investment platform eToro, he predicted a 10x increase in the cryptocurrency market in the next year.

CoinDash recently received a sizeable investment by blockchain accelerator Coinsilium.

by Henry Vilar
Henry is Junior Reporter at IBS Intelligence, follow him on Twitter or contact him at: henryv@ibsintelligence.com