Call 800 665 0411 to learn about our services

Search   Follow Investorideas on Twitter   Investorideas is on Facebook   Investorideas is on Youtube   Investorideas is on Pinterest  Investorideas is on stocktwits   Investorideas is on tumblr   Investorideas is on LinkedIn   Investorideas Instagram   Investorideas Telegram   Investorideas Gettr   Investorideas RSS

Share on StockTwits

NGC Ventures Leads Multi-Million Dollar Funding Round for Decentralised Trading Protocol, Troy Network

Investment will enable Troy Network to bolster crypto brokerage services


Singapore - August 2, 2019 ( Newswire) NGC Ventures, the multi-strategy crypto fund of one of the world's leading blockchain investment firms, has announced a strategic investment in Troy Network, the decentralized protocol for global trading and settlement. NGC led the multimillion-dollar investment with BlockVC. Troy Trade, derived from Troy Network, is a global prime broker providing crypto brokerage services for institutional clients and professional traders with revolutionary trading products.

"Despite progression within the industry, the absence of prime brokers has limited the potential of the crypto asset market. Merging strong financial backgrounds and crypto market expertise, I believe Troy will soon become the leading prime broker in this industry," said Tony Gu, Founding Partner at NGC Ventures. "As a multi-strategy investment firm, NGC Ventures implements a diverse approach across the crypto landscape including exchanges, banking services, data, derivatives, media and public blockchain projects. NGC Ventures will provide Troy with ecological support and industrial synergy to deliver better experiences."

Troy's leadership team comes from long-standing financial powerhouses such as Credit Suisse and CITIC Group, leading exchanges, Huobi and OKEX and academic institutions including MIT. Troy has integrated over 30 leading global crypto exchanges and more than 500 cryptocurrencies. Troy's AUM has reached 25,000 BTC and achieved $100 million daily trading volume. The enthusiasm from institutional users will position Troy as a powerful player in the prime broker business while remaining at the forefront of the crypto industry. Troy will continue to facilitate extensive and complex trading needs by developing innovative services including a master-level trading platform and quantitative solutions.

"The crypto asset market is at the edge of a Paradigm Shift. Institutional players from traditional markets entering the race and have been consistently pursuing market dominance. Meanwhile, the 'primitive' infrastructure and services are facing significant challenges," said Kevin Hsu, Founding Partner at BlockVC. "Troy offers a full stack of customized prime broker solutions including global liquidity, margin financing, asset management and data analytics. The team has leveraged its expertise to achieve astonishing growth. Troy will play an essential role as the revolutionary infrastructure in this Paradigm Shift."

NGC Ventures II, is a multi-strategy crypto fund that aims to generate long-term value through early-stage investments, while also creating recurring income through staking and quantitative trading teams. NGC Ventures II has been a key contributor to projects such as Elrond, ChainX, Piexgo, and PromeOeus.

Tony Gu, Founding Partner at NGC Ventures, is available for interview

About NGC Ventures

NGC Ventures (NGC) is one of the largest and most active institutional investors of cryptocurrencies. NGC adopts best practices from traditional financial markets to invest in and incubate leading projects in the crypto industry worldwide. Both Fund I and II have invested in over 70 projects, mostly in blockchain infrastructure and adoption technologies in areas such as De-Fi, Gaming and Decentralized Computing. NGC also incubated NGC StakeX, which is a node-operating division. NGC Ventures has offices in Singapore, Shanghai and San Francisco.

Media Contact:

Samantha Koh
Account Executive
P: +65 8733 5072
E: samantha,

More Info: Newswire

This news is published on the Newswire - a global digital news source for investors and business leaders

Disclaimer/Disclosure: is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.

More disclaimer info: Learn more about publishing your news release and our other news services on the newswire

Global investors must adhere to regulations of each country. Please read privacy policy:

Follow Us on StockTwits

Get more Bitcoin, Blockchain, Digital Currency stock investor ideas - news, articles, podcasts and stock directories