Alvara Secures $10M in Growth Capital from Nimbus Capital
Alvara Protocol, a groundbreaking platform in the DeFi sector aimed at democratizing asset management, has secured a $10M growth investment from Nimbus Capital. This funding will accelerate the platform’s development and expansion.
Alvara Protocol, built on the innovative ERC-7621 token standard — currently being developed in collaboration with Troon Technologies — introduces a tokenized basket factory that simplifies and streamlines the process of basket management, making it more accessible to users.
Nimbus Capital, a private investment firm specializing in financing high-growth, transformative ventures, has strategically backed several cutting-edge organizations. Recent investments include a €25 million equity capital commitment to HUI for their VC 3.0 Super App, and a £20 million investment in Leeton Holding Ltd, a leader in extracting valuable ingredients from vegetable waste and botanical products.
In addition to the funding, Nimbus has committed to leveraging an Alvara side-chain for institutional fund management. This side-chain will be tailored to traditional financial markets, featuring KYC compliance for accredited investors, bridging the gap between DeFi and institutional finance.
Alvara’s ecosystem offers unparalleled possibilities for both investors and asset managers. With this substantial backing from Nimbus Capital, the protocol is poised to further enhance its secure, intelligent DeFi solutions, delivering a intuitive user experience to a broader audience.
About Nimbus Capital
Nimbus Capital is a private investment group focused on cross-border transactions. The group offers flexible and innovative funding solutions to growing businesses across the globe. Nimbus actively invests in blockchain technologies and DeFi to capitalize on their transformative financial potential. The firm is led by experienced managers with successful track records in the international markets and backed by In On Capital, a boutique wealth management firm with over USD $1.2 billion in AUM.
About Alvara Protocol
The Alvara Protocol is a decentralized platform that utilizes the ERC-7621 (Basket Token Standard) to create and manage funds on the blockchain. Alvara offers a comprehensive fund Factory and Marketplace, with a transparent leaderboard showcasing the performance of every BTS created. ALVA and veALVA tokens assume crucial roles in driving the ecosystem’s growth and governance with veALVA holders wielding significant influence over the substantial ALVA reward stream. Removing traditional barriers, Alvara fosters a democratic meritocracy in crypto investing, enabling full lifecycle fund management, from creation to ownership transfer, within its seamless framework.
