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Blockchain private equity firm Swarm brings late stage pre-IPO companies to the masses


Swarm, the blockchain for private equity, announced that the recently tokenised Andra Fund will be made available to its investors.

The firm writes that through the Andra Fund, Swarm investors will be able to utilise any of four cryptocurrencies (Bitcoin, Ethereum, Swarm, or the Dai stablecoin) to invest in one of the fastest-growing markets of the last decade: late stage, pre-IPO technology companies.
“Late stage pre-IPO technology companies have become their own asset class, growing from USD100 billion to USD490 billion during the past three years. While one of the most attractive and large-growth asset classes, it is also an asset class traditionally restricted only to closed VC networks or large investment firms. Through the Andra Fund, that door has swung open to the world via Swarm,” says Philipp Pieper, CEO and Co-Founder of Swarm.
 
Andra aims to democratise venture capital by allowing global investors to participate in top-tier Silicon Valley investments and late stage high-growth pre-IPO technology companies. The Andra Fund is tokenised through the Silicon Valley Coin (SVC).
 
The value of the coin is tied to the Fund’s investments, as each token represents a unit of interest in the Fund. Andra Capital invests in shares of private, late stage technology companies that are pre-IPO; it is comprised of the fund management team’s network of entrepreneurs, investors, lawyers and bankers and allows investors access to top-tier investments. Perpetually evergreen, the firm says, the Andra Fund seeks to increase in value and AUM size.
 
“Andra Capital democratises venture capital by allowing permitted global investors unprecedented access to late-stage Silicon Valley investments. Swarm is a key partner for Andra as they are leading the industry in the tokenisation of real assets, and meet our strict requirements for access, compliance, and tradability. They were the obvious choice for our security token framework partner for the Silicon Valley Coin. This is just the beginning of our work together,” explains Andra Capital Managing Partner Haydar Haba.
 
Swarm Fund is a decentralised capital marketplace that democratises investing by using the power of the blockchain to open up alternative investment classes to investors through funds using cryptocurrency tokens. It makes traditionally exclusive investment opportunities, such as private equity and hedge funds, inclusive for the Swarm by pooling together smaller investments into larger, institutional-sized blocks, providing fund managers access to a previously untapped capital stack.
 
The Swarm Blockchain allows real world investment opportunities to be tokenised using the SRC20 protocol, a cryptographic standard for security tokens, the firm says.
 
 

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