US Capital Global Engaged by CityBlock Capital as Exclusive Financial Advisor for Fund Formation
San Francisco-based private financial group provides financial advisory services to sponsors of blockchain technology venture capital fund.
SAN FRANCISCO, October 2018 – US Capital Global has been engaged as exclusive financial advisor on a fund formation for CityBlock Capital (“CityBlock”), founders of NYCQ Venture Capital Ltd. CityBlock’s investment thesis is focused on the transformative effects of blockchain technology on the current financial system. The company’s VC fund makes equity investments in early-stage blockchain infrastructure companies.
Headquartered in San Francisco, US Capital Global is a full-service private financial group with an established track record in fund management, debt and equity finance, and capital raise services. The firm focuses on providing lower middle market businesses and investors with sophisticated debt, equity, and investment products usually available only to larger companies and institutional investors.
“We are delighted to be working with US Capital Global as we increase the investment capabilities of NYCQ Venture Capital Ltd.,” said Robert Nance, co-founder of CityBlock. “Our VC fund creates opportunities for accredited investors to participate in the powerful digital asset wave while it is still in its infancy. US Capital Global is providing us with strategic and financial insights to expand the fund, and the firm’s significant expertise in supporting blockchain technology companies is a key component in our efforts at this juncture.”
“It is a real pleasure to be working with CityBlock and its exciting new venture capital fund as its exclusive financial advisor,” said Charles Towle, Managing Partner at US Capital Global. “Our firm is keen to support forward-thinking companies working on the frontline of the digital market era, and CityBlock’s conviction in the revolutionary potential of blockchain technology is built upon deep relationships with industry leaders in the blockchain ecosystem. We are pleased to offer CityBlock the support of our advisory services as the company gains traction in this arena.”
About CityBlock Capital
CityBlock Capital (“CityBlock”) is the founder of NYCQ Venture Capital Ltd., a private fund open to accredited investors in the US and abroad. The fund does not invest in cryptocurrencies or utility tokens, but directly engages in the expansion of the global digital economy through equity investments in early-stage blockchain infrastructure companies. CityBlock uses blockchain technology to provide diversified access and liquidity to private company investing, and its all-star capital deployment team includes former Goldman Sachs, Softbank, and Google alumni.
About US Capital Global
Since 1998, the US Capital team has been committed to providing small and lower middle market businesses and investors with sophisticated debt, equity, and investment opportunities usually available only to larger middle market companies and institutional investors. The US Capital Global group manages direct investment funds and provides wealth management and capital raise services. Operating with its registered investment bank affiliate, US Capital Global Securities, LLC, the firm acts as a licensed placement agent for companies, funds, and projects, and collaborates closely with its peers in professional banking and investment advisory. www.uscapglobal.com
To learn more about US Capital Global, or this advisory engagement, email Charles Towle, Managing Partner, at charles@uscapglobal.comor call +1 415-889-1010.
