Arcario Invests in Finpeers to Bolster Private Equity Democratization
Stockholm, Sweden Aug 4, 2023 (Issuewire.com) – Finpeers, a Swiss fintech firm focused on democratizing private equity access through tokenization, and Arcario, a leading Scandinavian web3 venture builder listed on Nasdaq First North Growth Market, today jointly announced a strategic investment agreement.
Under the terms of the agreement, Arcario will acquire an initial 3% stake in Finpeers, while retaining an option to secure up to an additional 3% stake. This partnership amplifies the breadth of Arcario’s diverse portfolio, which includes industry leaders like K33, a research-driven digital asset brokerage, Green Data, a sustainable Bitcoin mining enterprise in northern Norway, LN Markets, a Lightning Network-based trading platform, and Pure Digital, a marketplace for interbank digit...