Israeli fund management platform iCapital has partnered with Enecuum, a blockchain platform providing mobile mining, to finance the Hong Kong-based company, Enecuum said in a statement sent to Cryptovest. The memorandum of understanding outlines a long-term cooperation between the two firms.
iCapital said it signed the MoU after its experts completed a due diligence on Enecuum project that focuses on three primary parameters, including the team, business model, technology and several other major criteria.
After the process, the fund management firm decided Enecuum is qualified for financing.
“We started investing in blockchain three years ago as we identify that the innovation of this technology has the potential to revolutionize and disrupt many aspects of our lives,” iCapital General Manager Agada Nameri said. “We are passionate about projects where we can add value ...
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