Nimbus Capital Invests $10M in Alvara Protocol to Revolutionize Asset Management in DeFi

Nimbus
Capital
has
committed
$10
million
in
funding
to
the
growth
and
development
of
Alvara
Protocol,
a
transformative
platform
aimed
at
democratizing
asset
management
within
the
DeFi
space.

Built
on
the
newly
developed
ERC-7621
token
standard,
co-authored
with
tech
partner
Troon
Technologies,
Alvara
Protocol
introduces
an
innovative
tokenized
basket
factory
that
streamlines
and
simplifies
basket
management,
making
it
more
accessible
for
all
users.

As
a
private
investment
group
specializing
in
financing
transformative
change
and
dynamic
growth,
Nimbus
Capital
strategically
invests
in
innovative
organizations
across
the
globe.
Their
recent
commitments
include
a
€25
million
equity
investment
in
HUI
and
their
VC
3.0
Super
App,
along
with
a
£20
million
investment
in
Leeton
Holding
Ltd,
a
global
leader
in
recovering
high-value
ingredients
from
vegetable
waste
and
botanical
products.

Additionally,
Nimbus
has
pledged
to
utilize
Alvara’s
institutional
side-chain,
tailored
to
meet
the
needs
of
traditional
asset
managers
and
institutions,
complete
with
KYC
facilities
for
accredited
investors.

“Alvara
is
uniquely
positioned
to
capitalize
on
a
major
growth
opportunity
in
decentralized
finance.
With
an
impressive
management
team,
cutting-edge
technology
like
the
ERC-7621
Basket
Token
Standard,
and
the
ability
to
democratize
fund
management,
they’ve
built
a
platform
that
is
both
innovative
and
scalable.
 This
$10
million
capital
infusion
is
a
strategic
decision,
as
Alvara’s
transparent,
decentralized
approach
and
early
traction,
bolstered
by
Troon’s
tech
expertise,
make
it
a
stronger
and
more
competitive
player.
This
funding
will
help
Alvara
accelerate
its
development
and
expand
its
impact
across
the
DeFi
space,”
said
Robert
Baker,
Managing
Partner
of
Nimbus
Capital.

With
Alvara
offering
a
unique
ecosystem
that
ensures
complete
transparency
for
investors
and
asset
managers,
Nimbus
Capital’s
investment
will
further
accelerate
the
development
of
intelligent
solutions
that
enhance
the
security
of
DeFi
while
providing
intuitive
user
experiences
to
a
broader
market.

For
more
information
about
Alvara
Protocol,
visit
https://www.alvara.xyz.

About
Nimbus
Capital

Nimbus
Capital
is
a
private
investment
group
focused
on
cross-border
transactions.
The
group
offers
flexible
and
innovative
funding
solutions
to
growing
businesses
across
the
globe.
Nimbus
actively
invests
in
blockchain
technologies
and
DeFi
to
capitalize
on
their
transformative
financial
potential.
The
firm
is
led
by
experienced
managers
with
successful
track
records
in
the
international
markets
and
backed
by
In
On
Capital,
a
boutique
wealth
management
firm
with
over
USD
$1.2
billion
in
AUM.

For
more
information
about
Nimbus
Capital,
visit

https://www.nimbuscapitalfund.com/.