Slovenia’s Cashila believes in a different future for investing in startups, and specifically startups in the space of decentralised cryptocurrencies. That’s why the startup is launching ICONOMI, a new fund management platform for investors, especially those unfamiliar with the world of cryptocurrencies like Bitcoin and Ethereum, to trade and invest with greater ease.
Currently ICONOMI, being led by the team in Ljubljana, is in the midst of a fundraising campaign to launch the platform with two funds – driven by app tokens instead of traditional shares – a passive fund managed by algorithm and an active fund managed by a team of experts.
“You might have noticed in the last year there’s a lot of app tokens coming up so basically companies raising money and issuing app tokens, which are basically the shares of the companies,” said Tim M Zagar, cofounder of Cashila and ICONOMI. “Startups crowdfund the projects by selling the equity of the company in this manner. On the blockchain they issue the stocks. We’re investing in these sorts of companies.”
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