VANCOUVER, British Columbia, Dec. 06, 2017 (GLOBE NEWSWIRE) -- Victory Square Technologies Inc. (“Victory Square” or the “Company”) (CSE:VST) (OTC:VSQTF) (FWB:6F6) is proud to announce its recent admission as a member of the Blockchain Investors Consortium (“BIC”), one of the market-leading organizations pioneering professional investment activities into digital assets globally.
With over $2 billion of digital assets under management amongst its 100 crypto hedge funds and individual investors, BIC pools its members’ experience and expertise in shared due diligence to identify co-investment opportunities in the most promising and disruptive blockchain enabled companies. Members of BIC have made notable investments such as Ethereum's initial crowdsale, Coinbase, Bancor, EOS, Tether and have several early BTC investors.
“Blockchain is a technology that requires collaboration, which is why so many companies are electing to work together to enable their mutual success, to thrive. The open and distributed ledger characteristics of blockchain development, deployment and setting of standards is reflected in the behavior of the most successful investors in this space, like BIC,” said Shafin Diamond Tejani, Chief Executive Officer of Victory Square.
“As an early proponent of Blockchain entrepreneurs and companies, the Victory Square team is excited to participate in this exclusive group of successful crypto investors.”
BIC carefully selects the top blockchain and cryptocurrency companies to present at their events across the globe. Victory Square’s inclusion in this elite investment group will grant access to promising early-stage ventures, while also allowing Victory Square to leverage the experience of a network of seasoned and successful cryptocurrency investors. This will further strengthen Victory Square’s position as a pioneer in investment in Blockchain enterprises both in Canada and abroad.
“We’re extremely excited to have Victory Square join the Blockchain Investment Consortium,” said Mike Costache, founder of BIC. “They have a proven track-record of incubating and investing in successful platforms and will play an important role in performing shared due-diligence to identify the most promising investment opportunities. We continue to align ourselves with key global strategic partners who will enhance our group’s ability to identify and deploy capital into promising blockchain ventures.”
For further information about the Company, please contact:
Howard Blank, Director
ABOUT VICTORY SQUARE TECHNOLOGIES INC.
Victory Square is a venture builder that creates, funds and empowers entrepreneurs predominantly focused on Blockchain Technology, Virtual Reality, Artificial Intelligence, Personalized Health, Gaming and Film. As a technology incubator, Victory Square invests in game-changing entrepreneurs who are provided access to education programs, global mentorship networks, distribution partners, creative workspaces, resources and other forms of operational support to help them scale internationally. For more information, please visit www.victorysquare.com.
ABOUT THE CANADIAN SECURITIES EXCHANGE (CSE)
The Canadian Securities Exchange, or CSE, is operated by CNSX Markets Inc. Recognized as a stock exchange in 2004, the CSE began operations in 2003 to provide a modern and efficient alternative for companies looking to access the Canadian public capital markets. The CSE has not reviewed, nor approved or disapproved the content of this news release.
This news release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of Victory Square. Forward-looking information is based on certain key expectations and assumptions made by the management of Victory Square, including future plans. Although Victory Square believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Victory Square can give no assurance that they will prove to be correct. Forward- looking statements contained in this news release are made as of the date of this news release. Victory Square disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.