As part of the investment, Yariv Gilat, founder of Finale and a veteran in the field of algo trading in Israel, Will be appointed active chairman of the company’s board of directors and will lead the company’s entry into and activity in the new field of activity, which includes, among others, nostro and algo trading investments, venture capital investments in blockchain technologies and digital asset management. Lior Yekuel will be appointed company employee The company has NIS 1,787,500 and Lior Yekuel will invest NIS 1,462,500 in the company.
Altshuler Shaham will invest NIS 10 million and become stakeholders in the company. In addition, the company has signed agreements with 3 additional investors who will invest in the company, each according to his share, a total of NIS 1.9 million.
In addition, the company has signed agreements with a number of investors, individuals and companies, including the hedge fund “Sifra” and prominent blockchain investors, including Shai Mohaban, Guy Ben-Artzi, Galia Ben-Artzi and Eyal Ben-Artzi, of Bancor, in which investors will invest a total of NIS 4,875,000. H. Also, Eli Zamir will invest about NIS 650,000 in the company.
The leadership of the new activity, and the addition of Yariv Gilat, was initiated by Eli Zamir and Kfir Zilberman’s Pure Capital Company.
In order for the company to begin operations in the new field of activity, the company will use up to US $ 2,000,000 from the share issue subject to the investment agreements as specified for investments in digital assets. The company will open accounts on digital asset trading exchanges and banks in Israel.