GDA Capital Acquires Omni3, Expands into Singapore with New Gaming Lead
SINGAPORE, Mar 13, 2024 – (ACN Newswire) – GDA Capital, a global leader in digital asset and blockchain technology investments and capital markets advisory, is excited to announce the acquisition of Omni3, a digital asset and disruptive technology advisory firm based in Singapore. This strategic move marks a significant milestone for GDA Capital as it extends its global footprint into the vibrant Asian market, with a dedicated commitment to establishing a full-time presence in Singapore.
Nicholas Seah, the esteemed founder of Omni3, will be joining the GDA Capital team as the Gaming Lead, bringing a wealth of experience and expertise to the table. Nicholas’s impressive track record includes a notable tenure at Temasek, the Singaporean sovereign fund with $400B+ in AUM, and Blockchain Founders Fund, a leading venture capital firm in the blockchain space. His deep understanding of the Asian markets and extensive network will be instrumental in steering GDA Capital’s strategic direction and growth in the region.
The acquisition of Omni3 underscores GDA Capital’s commitment to investing in high-potential markets and sectors, particularly in the gaming and blockchain industries. Nicholas Seah’s leadership role as the Gaming Lead highlights the company’s focus on innovative technologies and its ambition to become a dominant player in the digital asset space globally.
“We are thrilled to welcome Nicholas and the Omni3 team to GDA Capital. This acquisition is a pivotal step towards our expansion in Asia and strengthens our capabilities in the capital markets advisory domain,” said Michael Gord, CEO of GDA Capital. “Nicholas’s extensive experience and remarkable track record in both the financial and blockchain sectors will be invaluable as we embark on this exciting new chapter in Singapore.”
As part of the acquisition, GDA Capital is making a significant investment in establishing a robust full-time presence in Singapore, emphasizing its commitment to becoming a key player in the region’s thriving digital economy. The new office in Singapore will serve as a central hub for GDA Capital’s operations in Asia, focusing on capital markets advisory, blockchain technology, and the burgeoning gaming sector under Nicholas’s leadership.
Nicholas commented, “Joining GDA Capital is a remarkable opportunity to contribute to the company’s growth and to drive the blockchain and gaming industries forward in Asia and beyond. I am excited to lead our expansion in Singapore, leveraging my experience and network to build a strong foundation for GDA Capital in this dynamic market.”
The acquisition of Omni3 and the establishment of a Singapore office are just the beginning of GDA Capital’s ambitious plans for the region. With a strategic focus on innovation, technology, and market expansion, GDA Capital is well-positioned to capitalize on the rapidly growing demand for digital asset and blockchain solutions in Asia and around the world.
About GDA Capital
GDA Capital is a leading global digital asset and blockchain technology investment firm. With a diverse portfolio of investments across various sectors, GDA Capital is committed to driving innovation and providing strategic advisory services to businesses worldwide.
About Omni3
Omni3 is a capital markets advisory firm based in Singapore, specializing in providing strategic guidance and solutions to businesses in the digital asset and blockchain sectors. Founded by Nicholas Seah, the firm has established itself as a trusted advisor in the Asian market.
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Topic: Press release summary
Japan – Eisai Selected for ‘Human Capital Leaders 2023’ and ‘Human Capital Management Gold Quality’, Recognized as Company Committed to Excellent Management and Disclosure of Human Capital Initiatives
Eisai Co., Ltd. announced today that it has been selected for “Human Capital Leaders 2023” and “Human Capital Management Gold Quality” in the “Human Capital Survey 2023” jointly conducted by HR Technology Consortium, HR Research Institute (ProFuture Inc.) and MS&AD InterRisk Research & Consulting, Inc.
In the “Human Capital Survey 2023” (conducted between September and December 2023), 16 highly rated companies were selected for “Human Capital Management Gold Quality”, and 8 companies that were recognized by experts as having made particularly outstanding efforts were selected as “Human Capital Leaders 2023” out of approximately 500 participating companies and organizations. Eisai was highly evaluated for its unique initiatives, such as human capital management that is connected with its Articles of Incorporation, and straightforward communication on its social impact, as well as its proactive attitude on information disclosure including the use of its own performance indicators.
Eisai made a partial amendment to the Articles of Incorporation at an Ordinary General Meeting of Shareholders in 2022, adding “respecting human rights and diversity”, “providing full opportunities for growth to support self-fulfillment”, and “creating an employee-friendly environment” to “Ensuring stable employment”, which had previously been stipulated in it. The company has also reinforced its human resource initiatives, including the formulation of an “Integrated Human Resource Strategy”, with the pillars of “Wellbeing including health of employees”, “Diverse work style”, “Development and growth of employees”, and “Growth of the organization and businesses”, as well as introducing a compensation system based on employee roles in 2023, along with a personnel assessment system putting high value on employee actions with the aim of encouraging employees to grow autonomously and motivate them to serve in higher positions. Moreover, Eisai published the “Human Capital Report 2023”(PDF) in July, 2023 that summarizes its human capital initiatives and KPI linked to its human resource strategies. Eisai promotes information disclosure regarding its initiatives on human capital management in its annual “Value Creation Report(PDF)” and on its corporate website’s “Sustainability” section.
Eisai is seeking to provide impact to not only our shareholders, but various stakeholders throughout society including our customers and local communities by delivering new value to patients and the people in the daily living domain through the activities of our employees who are the only stakeholders who can directly contribute to our corporate concept, human health care.
Media Inquiries:
Public Relations Department,
Eisai Co., Ltd.
+81-(0)3-3817-5120
Copyright ©2024 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.
MDSV Capital & Sydecar Announce launch of Capital Extension Program for Emerging Fund Managers
PALO ALTO, Calif. – Feb. 5, 2024 – PRLog — The Capital Extension Program (CEP) provides emerging manager venture funds (sub $100MM funds) and syndicate leads the ability to access follow-on capital for their most successful portfolio companies. The CEP is a dedicated pool of capital from MDSV Capital, the manager of the program, and will be powered by Sydecar’s SPV and fund administration platform
“Emerging Managers in Venture Capital have an exceptional track record of identifying great start-ups and investing at the very earliest stages” …said Michael Downing, managing partner at MDSV Capital. “But because of their small fund size, they almost never have the ability to take follow-on investment opportunities in their best companies, which forces them to sacrifice significant additional returns.” With today’s launch, any fund or syndicate manager on Sydecar can apply for the Capital Extension Program, and if they are approved, access up to $5MM in available funds for follow-on investments into their best portfolio companies.
Interested managers can review the program requirements and submit an application at sydecar.io/mdsv. MDSV Capital’s team of analysts will review the applications and provide a response within 5 business days. For approved opportunities, MDSV will create a Sydecar SPV to execute the investment and provide managers with a portion of the carried interest.
Over the last 15 years, 92% of all “Unicorn” companies (valued at $1B or more) were originally backed by an emerging manager fund (according to Pitchbook). Emerging managers often write $200K-$500K checks into companies at the very earliest stage, but typically do not have capital available to invest in subsequent rounds. Subsequently, the fund’s ownership shrinks over time and emerging managers often miss out on significant returns from their breakout companies. MDSV’s CEP will give managers a chance to maintain or grow their ownership in companies that they took an early bet on and maximize their returns.
“Emerging Managers and syndicate leads who use SPVs to back promising start-ups play a critical role in the tech ecosystem, and they need more support, including access to high quality, institutional capital. At Sydecar we’re focused on solving the most critical needs of fund managers and other deal organizers to empower them to generate superior returns for Limited Partners and to fund innovation. The CEP Program is 100% aligned in that goal,” noted Shriram Bhashyam, COO of Sydecar.
About Sydecar:
Sydecar is on a mission to bring more efficiency to private markets by standardizing how investment vehicles are created and executed. The Sydecar platform allows private investors to launch SPVs and funds instantaneously, track funding in real-time, and offer hassle-free opportunities for early liquidity.
About MDSV Capital
MDSV Capital is a Palo Alto California based Venture Capital Firm and platform focused on the Emerging Manager funds.
For more info:
https://www.sydecar.io/
https://www.mdsv.vc/
Halle Kaplan-Allen Michael Downing
Director of Growth at Sydecar Managing Partner, MDSV Capital
halle@sydecar.io michael@mdsv.vc
Contact
Michael Downing, Managing Partner MDSV Capital
michael@mdsv.vc
FCC Capital Berhad Introduces Innovative Cryptocurrency Staking Service in Malaysia, Emphasizing Safety and Non-Custodial User Empowerment
KUALA LUMPUR, Feb 3, 2024 – (ACN Newswire) – FCC Capital Berhad, a pioneer in the cryptocurrency industry based in Malaysia, proudly announces the official launch of its innovative staking-as-a-service platform and infrastructure. This groundbreaking initiative is set to revolutionize the staking landscape by placing a strong emphasis on safety, reliability, and client autonomy.
As the cryptocurrency market continues to evolve, FCC Capital Berhad recognizes the growing demand for secure and user-friendly staking solutions. The company’s unique approach prioritizes the safety of users’ digital assets, providing a trustworthy platform for investors seeking to participate in staking activities.
Key features of the staking service:
– Safety First: State-of-the-art security protocols to ensure the safety of users’ digital assets. By leveraging advanced encryption and multi-layered security measures, the platform provides a secure environment for staking activities.
– Reliability: With a commitment to uptime and reliability, FCC Capital Berhad ensures that users can stake their assets seamlessly. The platform’s robust infrastructure minimizes downtime and ensures a smooth staking experience.
– Non-Custodial Approach: FCC Capital Berhad distinguishes itself by adopting a non-custodial approach, allowing users to retain full control over their digital assets. This eliminates the need for third-party custody, giving users the peace of mind that their assets are securely in their possession.
– User-Friendly Interface: Features an intuitive and user-friendly interface, making it accessible to both experienced cryptocurrency enthusiasts and newcomers. The platform is designed to provide a seamless and enjoyable staking experience.
– Competitive Staking Rewards: Competitive staking rewards to incentivize users to participate in the staking ecosystem. Users can earn rewards by staking their assets without compromising on safety or reliability.
In a statement, Mr. Isaac Tan, CEO of FCC Capital Berhad, expressed excitement about the launch, stating, “We are thrilled to introduce a staking-as-a-service platform that not only meets the growing demand for secure staking solutions but also empowers users to have full control over their digital assets. Their commitment to safety, reliability, and user experience sets us apart in the cryptocurrency industry.”
As the crypto space continues to evolve, FCC Capital Berhad recognizes the need for comprehensive education. FCC Capital Berhad has collaborated with Council.Finance, Malaysia’s first legally wrapped Decentralized Autonomous Organization (DAO) to serve as an educational hub, providing the public with invaluable resources to understand the intricacies of blockchain technology and cryptocurrency. Workshops, webinars, and informative content will be available to empower individuals, ensuring they can navigate the crypto landscape with confidence. The unique legal wrapping ensures that the DAO operates within the confines of existing regulatory frameworks, fostering trust and legitimacy.
Furthermore, Council.Finance is planning to introduce an alternative dispute resolution system tailored specifically for cryptocurrency-related transactions. This system aims to address concerns related to fraud, disputes, and other issues that may arise in the crypto space. Through a transparent and decentralized process, users can resolve conflicts efficiently and fairly, contributing to the overall stability and credibility of the cryptocurrency ecosystem.
Through the collaboration, Mr. Brian Lau, the founder of Council.Finance and Independent General Counsel for FCC Capital Berhad, aspires to lead the way in transforming the landscape of blockchain and cryptocurrency, emphasizing education, legal compliance, and a fair dispute resolution system to pave the way for mainstream adoption.
Additionally, in partnership with their strategic fundraising partner, pitchIN, recognized as a Securities Commission Registered Market Operator (RMO) in Malaysia, FCC Capital Berhad is gearing up to launch a Token Crowdfunding (TCF) via pitchIN soon. Their goal is to build and fortify a robust cryptocurrency and blockchain ecosystem that prioritizes security, transparency, and legal compliance, benefiting both the public and businesses. This dedication ensures a secure and trustworthy environment for all participants involved in the digital economy.
About FCC Capital Berhad
FCC Capital Berhad is a Malaysia-based cryptocurrency firm dedicated to providing innovative and secure solutions for the management infrastructure of digital assets. Prioritizing safety, dependability, and user empowerment, FCC Capital Berhad plays a leading role in influencing the trajectory of the blockchain industry.
Social Links
X: https://twitter.com/fcccapital
Facebook: https://www.facebook.com/fcccapital
LinkedIn: https://www.linkedin.com/company/fcc-blockchain/
Media Contact
Mr. Dominic Tan, FCC Capital
Website: https://www.fcc.capital
101 E Valley Blvd., San Gabriel Ca EL SEGUNDO, Calif. – Jan. 16, 2024 – PRLog — Calmwater Capital has provided Alhambra, CA-based GE Development, Inc. with a $32.25 million construction loan for the completion of The One, an 81-unit multifamily development over 13,000 square feet of street-level retail in the Southern California community of San Gabriel. Calmwater’s financing will be used to take out the original construction lender with a portion of the loan proceeds to be used to fund hard and soft costs needed to bring the project to 100 percent completion. The property was 86% completed at loan closing. “Undertaking projects mid-construction inherently involves various uncertainties and challenges, which can be particularly complex to manage,” said Calmwater Managing Principal Larry Grantham. “With our construction experience, we were able to structure the loan to ensure the sponsor would have the necessary funds to address any contingency and deliver the property on time.” Other members of the Calmwater team included Vice President Zach Novatt who heads the firm’s originations efforts in the Western United States and Senior Associate DaJuan Bennett. The transaction included an additional $3.75 million in subordinate financing from a Los Angeles-based alternative lender in order to reduce the borrower’s equity commitment. “The sponsor relied on our strength and relationships as a national bridge lender along with our knowledge of the local market,” added Novatt. “We were able to quickly understand the story behind the project and structure a loan to help the borrower meet its business goals.” The One is being built on a nearly one-acre site at 101 East Valley Boulevard at the northeast corner of Del Mar Avenue, considered the center of San Gabriel’s commercial corridor. The One is directly across the street from the city’s landmark Focus Plaza, which is anchored by the popular ethnic grocery store 99 Ranch Market. When completed in the second quarter of 2024, The One will deliver a mix of studio, one- and two-bedroom market rate apartments in a multi-level four-story building. Common area amenities will include a three-level subterranean parking garage, interior retail plaza and pedestrian promenade, resident sundeck, and rooftop garden. Due to the excellent visibility from the heavily trafficked intersection, the sponsor has already signed two retail leases and accepted two letters of intent (LOI), representing 70 percent of the retail space. Zalmi Klyne and Karl Weidell in Northmarq’s Los Angeles office arranged the financing. About Calmwater Capital Calmwater Capital is a commercial real estate debt lender specializing in senior secured bridge and transitional loans. With offices in both Los Angeles and New York city metros, Calmwater provides certainty of execution and individualized attention to our borrowers nationwide. Founded in 2010, Calmwater has grown to attract institutional investors both domestically and internationally. Calmwater Capital has originated nearly $4 billion in loans across 234 transactions since 2010. For more information on Calmwater Capital, visit http://www.calmwatercapital.com ContactCalmwater Capital Funds $32.25 MM Construction Loan to Complete So Cal Mixed-Use Development
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