SKYFchain has a new major investor and partner — FIAT Capital
FIAT Capital is a blockchain focused fund from the mainland China, which has become a major investor in SKYFchain. The two companies view the deal as a start of a strategic partnership. FIAT Capital is not only interested in financial relations but will also act as marketing and business development partner of SKYFchain in China. This is the so-called “smart money” for SKYFchain, and a strategic move to strengthen and secure its presence in Asian markets. The deal was closed on August 1st.
About FIAT Capital.
FIAT Capital is a professional, responsible token fund that focuses on AI, IOT, Fintech, Gaming and Bottom Layer. Based on its strong expertise and rich overseas resources. Fiat Capital’s mission is to figure out and incubate global promising blockchain projects, therefore maximize returns for clients.
Diving deeply into primary market, Fiat Capital recognizes the promising projects at early stage. FIAT Capital assists projects to develop tokens, promote brands and operate user communities, then exits to optimize investors profits.
Co-founder Tony Ling says:
“FIAT Capital is very excited to be the leading strategic partner with SKYFchain and assist it to enter Chinese market. We believe that there will be huge demand in China’s heavy industry logistics and agriculture. A bright future awaits SKYFchain!”
