Nealthy is a UAE-based virtual asset management platform that has raised $1.3 million in pre-funding from unknown investors. Founded in 2022 by Ludwig Schroedl, Zied Said and Tim Pascual, the company offers index tokens that replicate the structure of classic exchange-traded funds (ETFs). The tokens are powered by blockchain technology and process all transactions securely and quickly.
The funding will help nealth expand its core team, hire new talent, and support plans to launch NFT in the summer of 2023. This move could revolutionize asset management for investors as it combines traditional ETFs with blockchain technology. With NFTs, investors can create their own custom portfolios from a wide range of assets such as stocks, bonds and commodities while minimizing risk exposure with smart contracts.
The founders believe that their platform will fill an important gap in the market as it allows sophisticated investors to access digital assets without having to purchase them directly or rely on third parties like brokers or banks. Nealthy also provides users with access to real-time data feeds regarding portfolio performance which further enhances transparency and security for traders who want to keep track of their investments on a regular basis.
Nealthy’s innovative approach has already attracted attention from venture capitalists who are eager to invest in the company’s future success. By combining traditional investment strategies with modern technology, nealthy is poised to become one of the leading players in digital asset management in the near future.Another startup, Glocal, recently raised $150k.
March 10, 2023