NULS has formed a strategic alliance with Ulysses Capital, a hedge fund in the United States
Ulysses Capital is headquartered in Los Angeles, with offices in London and Sydney. Ulysses Capital manages around US $ 1,500 million with long and short strategies, its portfolio focuses on bonds (70%) and shares (30%). Recently, they have begun to invest in Blockchain companies, as well as in Cryptocurrencies and plan to gradually increase the size of the investment.
Ulysses Capital recently established the fund to invest in Cryptocurrency and Blockchain companies. Among them, NULS was selected as its first investment in Cryptocurrencies based on the superiority of the Blockchain that Nuls offers, and the team's ability to develop.
"We greatly appreciate the technical superiority of the NULS platform and the ability of the team to successfully launch the main network (Mainnet) and align with Bitmain," said Joon Lee, the administrator in charge of Ulysses Capital Cryptocurrency funds. "We will build a relationship of mutual benefit between us creating more opportunities for NULS in the future."
From this investment and partnership, NULS will actively seek cooperation with future institutional investors to increase its value.
"I am pleased to see that NULS has been selected as the first investment in cryptocurrencies by a traditional hedge fund," said Operations Director Isaac Kim. "Through this investment and partnership, NULS will continue to collaborate with hedge funds and private equity funds, and will seek opportunities within traditional financial markets with institutional investors, including investments in DAPP based in Nuls and Blockchain companies.
We will build a leading position as partners in future market entries for institutional investors. Keep your eyes on us in the coming days!
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