NewStyle-Collinstar Capital Launches Series of Strategic Moves to Build Blockchain Ecosystem
NewStyle-Collinstar Capital, a market leader in Blockchain infrastructure and crypto-currency investments, launched its strategic development plan in Beijing on November 18, fuelling the development of Blockchain industry value chain and further optimizing the industry eco-system with a series of alliances and investments. Ryan Xu, Chairman of NewStyle-Collinstar Capital, announced that NewStyle-Collinstar Capital would make strategic investments of 10 million US dollars in ENT Foundation and Hcash Foundation, launch strategic cooperation with a local government in southwest China to construct a Cloud Computing Industry Base, and establish a 300-million-US dollar Blockchain industry fund with leading finance technology institute.
According to the strategic plan, NewStyle-Collinstar Capital would explore horizontally and vertically in Blockchain and crypto-currency development. Horizontally, it will continue to expand the Blockchain industry application layout, including the latest investment in ENT Foundation and Hcash Foundation. ENT is the first world-class Blockchain technology based crypto-currency project in Korea. This project was initiated by Aimhigh Global (KOSDAQ: 043580), a leading Korean listed entertainment company. Asian superstars like G-Dragon and TaeYang, BIGBANG’s members, as well as Kim Jong-koo, South Korean singer and TV personality have joined the ENT ecosystem. It is expected that more world celebrities will take part in the project as the ecosystem grows.
With ENT’s innovative features to integrate the Blockchain technology and the Entertainment industry, Ryan Xu is confident that it will grow more rapidly to expand the application of Blockchain technology.
NewStyle-Collinstar Capital will also invest into secondary market for Blockchain technology. It has established strategic cooperation with AIMHIGH STADIUM to launch the Blockchain exchange BITKK, a public platform for Blockchain financing. These moves will surely strengthen NewStyle-Collinstar Capital’s leadership in Blockchain and crypto-currency industry.
Vertically, NewStyle-Collinstar Capital plans to join hands with various partners to promote the overall development of Blockchain technology. In the press conference, it announced strategic partnership with Yilong District Management Committee, Qianxinan Prefecture in Guizhou province of China to construct a Cloud Computing Industry Base. The partnership with Rushni Fiannace, Skyight Investment will further expand the fund to 300 million US dollars (RMB 2 billion) and provide opportunities to develop the Blockchain technology and explore its application
Blockchain is an emerging decentralized architecture and distributed computing paradigm underlying Bitcoin and other crypto-currencies. It has recently attracted intensive attention from governments, financial institutions, high-tech enterprises, and the capital markets. Blockchain technology has been applied in IoT, smart manufacturing, supply chain management, digital asset trading fields, and it is potentially bringing fresh opportunities and renovations to the Big Data, cloud computing and other new generation of information technologies. NewStyle-Collinstar Capital believes that with development of AI, IoT, Blockchain and other new technologies, Blockchain’s characteristic of decentralization, dependability and non-changeability will exert greater roles. With its new strategic plan, NewStyle-Collinstar Capital would establish the optimized industry eco-system across the whole Blockchain industry. This strategy may refer new ideas to other enterprises and lead the innovation for the industry.
About NewStyle-Collinstar Capital
NewStyle-Collinstar Capital is a large investment organization dedicated to global Blockchain crypto-currency technology investment and digital asset operations by a joint venture between NewStyle Capital and Collinstar Capital. The company runs and explores digital-currency exchange and mining business in Blockchain and Crypto-currency industry.
About ENT
Korea’ s first world-class Blockchain cryptocurrency project was initiated by Aimhigh Global (KOSDAQ: 043580). This is a public Blockchain infrastructure connecting global entertainment activities, supported by over 10 superstars prior to its release. The entertainment industry creates rigid demand for digital payment. With unified digital payment solution (ENT Cash) and social network platform, ENT provides a step for global entertainment industry to enter the Blockchain era.