NYCQ BLOCKCHAIN INFRASTRUCTURE FUND
- The NYCQ Blockchain Infrastructure Fund “NYCQ” is managed and advised by professionals with deep industry expertise from firms such as SoftBank Capital, Goldman Sachs, Wells Fargo, and Google.
- CityBlock Capital believes that blockchain technology will revolutionize the current financial system. The NYCQ Fund makes equity investments in early stage blockchain infrastructure companies. These companies aim to modernize the current financial system by using blockchain technology to settle trades instantly, eliminate intermediaries and reduce fraud. CityBlock Capital only makes equity investments. We do not invest in cryptocurrency or utility tokens.
- NYCQ is designed to give investors diversified access to blockchain infrastructure investments normally only accessible to institutional investors. The principals of NYCQ have deep relationships with industry leaders in the blockchain ecosystem.
NYCQ intends to invest in a portfolio of companies building digital technology which, we believe, will replace current capital markets infrastructure. We believe assets will move from paper/electronic ownership to digital ownership. We intend to invest in the following types of companies:
Clearing Houses, Depositories, Securities Services Firms, Market Aggregation Tools , Data Analytics Companies, Index Providers, Exchanges, Issuance Platforms
Minimum Individual Investment Size: $50k USD
Minimum Institutional Investment Size: $500k USD
Accepted Currency: USD
First Closing: $1M
Subsequent Closings: Rolling
Target Fund Size: $10M
Fund Type: Closed End Venture Fun
Fund Lockup: 1 Year
Capital Deployment: 2 Years
Fund Duration: 10 Years
Management Fee: 2%
Incentive Allocation: 20%