SC VENTURES expected outcomes . Would we come across great venture ideas without the insights of our intrapreneurs ? Would we identify superior investment opportunities if our ventures weren ’ t seeking out emerging tech partners ? We believe that by creating synergies across our activities , we have a higher chance at success ,” explains Neumann .
Gaining the upper hand in the industry allows the CVC to look deeper into tokenization and push more interest in cryptocurrencies , which in their unregulated states are currently receiving a lot of interest . “ We ' re seeing a lot more innovation in the tokenisation space . Going well beyond cryptocurrencies , but really into institutional custody , tokenised assets and security token assets . This could also be the movement of traditional fund products and entrenched settlement processes onto distributed ledgers , where we are getting more involved with novel blockchain projects – be it non-fungible tokens , fiat-backed stable coins , or yield generation in DeFi ,” explains Neumann .
“ What we value foremost however is that these ideas are rooted in plausible business models . They can ' t be vague or just pipe dreams ; our ventures need to demonstrate they can create value – by valuation , revenues or both ,” he explains .
In closing , Neumann cites that the next year for SC Ventures is primarily about scaling its portfolio of ventures . Unlike many other CVCs looking out for the needs of their parent firms , SC Ventures is prioritising to monetise the innovation developments in their individually spun-out fintech subsidiary entities .
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