Lithium Finance Sealed a Partnership with FBG Capital
- The digital asset management firm will join a list of prestige investment houses in the Lithium ecosystem as a Wisdom Node to price startups from the blockchain sector.
- FBG has a footprint across major tech hubs in Asia and the US with a wealth of experience in blockchain startup investment. All these will be able to benefit Wisdom Seekers.
- The Lithium — FBG partnership will bring an extra layer of clarity in pricing on early-stage blockchain startups, an area that remains hard to price.
Lithium Finance is proud to announce the partnership with FBG Capital, a global digital asset management company focusing on early-stage blockchain ventures investment. FBG will be a Wisdom Node in the Lithium ecosystem, providing pricing data to Wisdom Seekers who want to assess companies from this sector.
Lithium prices private and illiquid assets through the interaction between Wisdom Nodes and Wisdom Seekers, alongside the DMI mechanism, helps determine the final correct answer by a rewarding and punishing system. Wisdom Seekers will be able to take advantage of FBG’s research and thesis-driven blockchain investment experience and price companies and projects in the sector with high accuracy and in a timely manner.
Pricing early-stage blockchain companies have been a challenging task. This partnership could strengthen Lithium as an alternative pricing infrastructure, give convenience to all the prospective investors looking at opportunities in this sector, and bring an extra layer of clarity regarding pricing and valuation.
David Lighton, Co-founder of Lithium Finance, said,
“We feel excited about having FBG onboard as a Wisdom Node as the demand of pricing private and illiquid assets continues to grow. Their expertise in blockchain and digital asset management makes them a perfect fit as a Node. I believe all our Wisdom Seekers share the same excitement as well.”
Xixi Li, Senior Associate at FBG Capital, added that
“Using the crowd’s wisdom to get accurate pricing on private asset on-chain is a groundbreaking concept. We can see that this will be a flexible solution for assets such as early-stage blockchain startups and new types of private assets such as NFT. We look forward to making contributions to the Lithium ecosystem.”
About Lithium Finance
Lithium Finance is the first collective-intelligence pricing oracle to give precise and timely pricing on private, illiquid assets. It rewards analysts who provide truthful information and punish those who offer false pricing data. As a result, Lithium’s users obtain pricing for all hard-to-value assets such as pre-IPO stocks, private equity, and other illiquid assets effectively.
About FBG Capital
FBG Capital is a digital asset management firm in the blockchain-based capital market.
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