Representatives of the company Qiwi Blockchain Teсhnologies (QBT) has launched the investment-banking business in the markets of digital assets – in the framework of the project HASH in the Russian market will be the first criptionveterinary Bank. This was reported by the project Manager, the financial Director of QBT, which will act as a technology contractor, Yakov Barinsky.
«We help companies to pass through the stage of fundraising. Monetization is classic: we get a Commission after the company with our help raised funds in the market,» he said.
HASH is designed to assist in building a financial model of the project: the participating companies will be provided with information about the token, the feasibility of its creation and use.
According to Belinskogo, three companies are preparing for the launch of the ICO, then the HASH will be used to attract international funds specializing in investments in digital assets.
«We work with ten such funds, the volume of the largest of them – about $100 million in addition, HASH is going to start the work of analytical units, he said. – Speculative market and the absence of long-term funds – due to the fact that no one ever really knows the real value of the blockchain in the long term.»
Because the trading would need a license, this initiative has been postponed for next year.
In VTB consider that the classical interest of investment banks in the market of digital assets will grow in proportion to the improvement of the legislative framework and the technology of the blockchain is equally well suited for use in traditional corporate banking business and investment.
However, according to experts, traditional products to attract capital market investment banking services differ from those of the cryptocurrency market: this is another product that is closest to the venture capital (or to raise capital at an earlier stage), so even from the point of view of the essence of the product, these two directions are almost no overlaps. There are also too high risks of loss of investors funds.