How to invest in Virtus Investment Partners (VIP)
Virtus Partners (NYSE:VIP), a leading technology company with offices in San Francisco, has signed a memorandum of understanding with an unnamed blockchain investment partner to help them build the first and only cryptocurrency investment platform for private and public sectors.
According to the memorandum of intent, the partnership will create a platform that will allow for investment by individuals, entities and institutional investors in blockchain and virtual currencies.
“The blockchain space is growing at an astonishing pace,” said Erik Verhaegen, VP of Strategic Initiatives at Virtus.
“As our technology evolves, so will the opportunities we have to provide value to those who are already using the technology and to help others as they create value in the blockchain space.”
The platform will be developed using Virtus’ proprietary blockchain technology and will be able to track, track, and track in real time all investments made by individual investors in VirtuCoin, VirtuShares and VirtuVault.
Virtus has a history of providing blockchain solutions for private equity, venture capital, venture firms and large institutional investors.
Virtus will use the platform to develop its own token to incentivize the growth of its platform.
“VirtuVox will be used to reward and incentivize token holders to contribute to the VirtuInvest platform,” said Verhaefen.
“This will allow tokens to be traded as tokens on the Virtus platform and to be rewarded in the form of tokens in the VirtueX token market.”
VirtuaVox is currently trading on the Ether exchange, where it has a market cap of approximately $3.5 billion, but Verhaeken said that VirtuX will be a token that will be traded on Virtus’s platform.
The tokens will be created through the issuance of a token contract, which will be approved by Virtus, which Verhaeegen described as “a proprietary software-defined smart contract.”
In addition to the token contract created by VirtuEx, the token will be issued to the team in a secondary token sale, with Virtu and Virtus jointly holding the equity in the token.
The VirtuTrust platform will also allow the platform’s users to create their own tokens to trade on the platform, which is a form of equity that will help fund the creation of the platform and its future.
Verhaegeng said that he believes that this platform is the most important development for the blockchain ecosystem in the next decade.
“The Virtus project has created an ecosystem that allows for blockchain startups to build on top of the Ethereum platform, a platform built for the large institutional and large private sector investors,” he said.
“I am confident that Virtus is one of the few blockchain startups who will be making a real impact on the future of finance and investment in the 21st century.”