The founder of Tradologic, Ilan Tzorya is re-emerging with a new fund that aims its focus on crypto and fintech. Having exited Tradologic more than a year ago Mr Tzorya has been focusing on private investments in the trading and marketing space through his own private fund and is now embarking on establishing a second fund which will have major focus on the booming crypto market.
Ilan Tzorya
Mr Tzorya shared his plans on the new venture and elaborated on his existing ones in an exclusive interview with Finance Magnates.
Finance Magnates: Could you please tell us a bit more about your existing fund?
Ilan Tzorya: I have established my first investment company DTI at the end of 2016. Starting with €1 million invested capital today this holding company is now valued at over $20 million. One of its main assets is the Veltyco company (VLTY.L) listed on the London Stock Exchange with a valuation of more than £50 million.
My latest business initiative is the founding of a new investment fund focused on Fintech and Crypto.
FM: Why joining the cryptocurrency space?
IT: I see cryptocurrencies as a revolutionary creation of humanity. I don’t believe that people fully understand the potential there yet and at this stage it is our duty to unveil and develop a full range of products in this space. We are talking about technology and mechanisms that will remove barriers and will enable flawless direct connection between countries, businesses and people. Crypto has the capability to generate large scale markets that can reach trillions of dollars.
I believe the Blockchain is one of the biggest innovations of our society along with the invention of the wheel, the printing press, the light bulb, the private computer and the internet. It can be used in different industries and markets - the capital markets; the car industry; arts & entertainment industry (event ticket sales); it can even be implemented in government voting systems!
Smart contracts will eventually replace the middlemen, the banks, lawyers, authorities and legal advisors. No more bank restrictions and excessive fees, no more venture capital where a handful of people are pulling all strings. Crypto will allow the public to participate widely in decision-making and the common will of the crowd will determine the course of development.
FM: What is the Strategy in this new investment project?
IT: We will use our experience, know how, network and resources to build an ecosystem for the Crypto industry where every company with its unique strengths will assist and complete the others. The process in its core will guarantee income and growth for all companies involved. Our partners will be carefully and diligently selected to fit best our ecosystem portfolio.
FM: What is the investment method of the ecosystem?
IT: The ecosystem will naturally and effortlessly help our partners grow their business, as all companies that we have invested in will immediately enjoy free knowledge connections to relevant enterprises in different business areas. We will not only provide money, we will provide the smartest money in the industry. This is key to our success and our partners’ success.
FM: Could you please provide an example of such a process?
IT: If a blockchain company wants to do ICO and we decide to partner with them, not only will they get the needed funding but also:
- they will benefit from our ICO expert companies to guide them through /or carry out for them the entire process;
- they will have the necessary support from our advertising companies
- their Payments will be managed by the payment processing operators that we work with
- our studio will provide experienced design and creative, as will improve their messaging
- they will have ready access to technology solutions from other partner companies
- we will ensure promotion and advertising support by publishing in our portals, featuring in our exhibitions, sale of their tokens in our exchanges and brokerage
- in case of brokerage companies – licensing and platforms will be easily obtainable, as well as data feeds if needed; trader education will be provided; we will promote the company in our online portals and our exhibitions; we’ll push traffic to our partner from different marketing agents and of course we will bring the suitable payment solutions to our partner. In the end whether the target is IPO or ICO we are equally well equipped for both.
FM: What have been your latest investments?
IT: We bought source code of a fintech company and built on it products for Crypto Currency Trading and a Brokerage solution thus enabling our marketing agencies to focus on Crypto and to partner with existing companies in the industry. We are currently a portal, the product of extensive research, promising to become the leader in the industry. We have also established an ICO expert company and we are involved in 4 ICOs in the next 3 months. The company is in the final stage of obtaining a license.
FM: What is the planned size of the fund and at what stage of raising funding are you currently in?
IT: We are planning to raise about $100 million to focus on various segments of which Crypto is probably the largest one. We are sourcing funding from several family offices and at this point are already structuring the holding structure of this investment vehicle. You will be the first to know once we make good progress!
