NEW YORK - SEED Innovations Limited, an investment company listed on AIM, has reported its portfolio company Inveniam Capital Partners (WA:CPAP), Inc.'s new strategic partnership with G42, an AI company based in the UAE. This collaboration is set to reshape the global private markets by enhancing their scale and functionality.
SEED Innovations holds 86,810 preferred shares in Inveniam, which is less than 0.2% of Inveniam's total issued share capital. Alfredo Pascual, Director of Investment Research at SEED, commented on the partnership's potential to introduce greater efficiency, transparency, and confidence into private markets. He highlighted the partnership's focus on data security and the development of new financial products, including daily asset valuations.
Inveniam, headquartered in Ann Arbor, Michigan, has raised over $120 million to date. The company's mission is to provide technological infrastructure that enables the management, sharing, and trading of private market assets with public market efficiency. This initiative is supported by advanced technologies like AI, DLT, and DeFi, which Inveniam refers to as Smart Provenance™.
The partnership with G42 is expected to leverage G42's expertise in AI and Inveniam's data architecture to deliver a system that allows for the secure and controlled sharing, analysis, pricing, and trading of private market assets. This includes the introduction of the first-ever derivatives and indices for real estate and other private assets, aiming to make private markets more accessible.
Inveniam's platform offers Proof of Origin™, Proof of State™, and Proof of Process™ of data, ensuring that sensitive business data remains protected. Additionally, the collaboration with Microsoft (Nasdaq: NASDAQ:MSFT) is anticipated to enhance this offering, utilizing Microsoft's infrastructure.
The partnership's vision extends beyond real estate, private equity, and infrastructure, with the goal of expanding to all private markets. This development aims to fundamentally alter the way private market assets are valued, managed, and traded, potentially matching the efficiency of public markets while maintaining the privacy and control required by private market participants.
This news is based on a press release statement from SEED Innovations Limited.
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