“With the help of blockchain we are providing an opportunity to invest in traditional assets to anyone,” says Alexander Tkachenko, CEO and founder of VNX. He explains us hos VNX impacted the investment world.
What are the activities of VNX?
VNX provides easy and secure access to the digital world of smart money. Established in 2018 in Luxembourg, VNX launched its asset tokenization platform and started operations the following year. Platform’s first offering later became the first VC deal in Europe utilizing blockchain technology. This deal sees the issue of 1.1 million Euro of asset-backed tokens linked to the investment into Streami Inc., one of the most innovative blockchain companies in South Korea. In 2022 VNX added a new product – tokenized precious metals. The first metal offered on VNX Platform is tokenized gold (VNX Gold). We offer our clients a new form of investment in gold – the purchase of digital assets linked to the specific gold bar stored in a high-security vault in Liechtenstein. This innovative product combines reliability of gold with the flexibility of a crypto asset.
How exactly are you innovative?
With the help of blockchain we are providing an opportunity to invest in traditional assets to anyone. Our investment platform simplifies the investment process, offering our clients lower investment minimums, 24/7 access, quick and secure transactions and full transparency. VNX offers unique products that revolutionize and democratize traditional investments through tokenization. We are the first company in Europe that implemented blockchain in venture investments. And we continue opening up the world of smart money by adding an innovative method of investing in precious metals. In the next couple of years, I see VNX as an all-in-one platform that provides easy, secure and direct access to the selected investment opportunities in crypto for companies and individuals. We are planning to add move functionality to the platform allowing investors effective management of blockchain investments.
How can Luxembourg’s ecosystem help you grow?
Luxembourg has an excellent combination of advantages for entrepreneurship and FinTech in terms of ecosystem. VNX started at the Luxembourg House of Financial Technology (LHoFT), which brings together financial institutions, researchers, and government officials, and supports FinTechs. In 2018, VNX partnered with the University of Luxembourg’s Interdisciplinary Centre for Security, Reliability and Trust (SnT) to develop robust cybersecurity for digital assets, since then we have been working closely with the university team. Luxembourg has a lot of industry associations relevant to our business and we interact with most of them in different ways.
“VNX Gold is an innovative product that combines reliability of gold with the flexibility of a crypto asset”