Jun 27, 2023
SwissOne IOTA Shimmer Opportunities Fund (“SISO”) is a new fund from SwissOne Capital AG dedicated to projects building on Shimmer and IOTA in order to support the growing ecosystems
(PRUnderground) June 27th, 2023

SwissOne Capital AG, a specialized digital asset manager focused on cryptocurrencies and blockchain-related investments, has launched the SwissOne IOTA Shimmer Opportunities Fund (“SISO”), a new fund dedicated to Shimmer and IOTA.
The fund will invest in the leading projects and essential infrastructure, offering institutional and qualified investors access to assets and equity holdings in both growing networks.
SISO will be registered as a close-ended limited partnership in Luxembourg with a minimum starting investment of €10,000.
“We’re excited to launch this fund and offer our clients early access to projects building within the Shimmer and IOTA ecosystem,” says Steffen Bassler, CEO of SwissOne Capital. “With ShimmerEVM rolling out we believe this is the perfect time to launch a dedicated fund. We’re committed to working with the Tangle Ecosystem Association to ensure that the fund is managed in the best interests of our clients.”
IOTA is a pioneering open-source distributed ledger technology (DLT) that utilizes a directed acyclic graph (DAG) structure, instead of a traditional blockchain, to provide a more efficient and scalable Layer 1 (L1) network.
Shimmer is the incentivized L1 staging and validation network of the IOTA DLT. It allows developers to build and launch innovative decentralized applications (dApps) and ecosystems and test new features before they become available on the IOTA mainnet.
“ShimmerEVM is the first of many Smart Contract Chains on Shimmer and adds unique features and capabilities to EVM, giving builders a user-friendly and expanded set of tools to build novel web3 applications,” says Dominik Schiener, the Co-Founder of IOTA.
“With the introduction of EVM-compatible smart contracts, Shimmer and IOTA kick off a new era of growth fueled by crypto-native use cases, primarily in DeFi, NFTs, gaming, and more. We’re thrilled to see SwissOne Capital’s commitment to investing in projects across the ecosystem and to see SISO grow alongside the community,” Schiener continues.
SISO, which was created in collaboration between SwissOne Capital and the Tangle Ecosystem Association (“TEA”), a Swiss-based association that supports builders utilizing IOTA’s technology, aims to foster long-term sustainable growth in the Shimmer and IOTA networks.
The strategy of SISO involves taking advantage of asymmetric risk-return investment opportunities and mitigating downside risks.
It also includes a wide range of opportunities across the ecosystem of projects, starting with activities in Decentralized Finance (DeFi) that generate attractive yields, such as liquidity pools, automatic market makers, and lending pools.
Investing with a seasoned management team has several advantages. Investors can share the costs of due diligence, benefit from risk management techniques, save time, and gain early access to projects.
At the same time, investing with the management team allows for independent investment decision-making. SwissOne Capital only partners with highly respected, trusted, and regulated vendors and follows the strictest possible protocols when authorizing transactions via multi-signature authorization. SISO is the latest opportunity for investors that meets these rigorous standards.
More information about SwissOne Capital and the SwissOne IOTA Shimmer Opportunities Fund is available at https://www.swissone.capital/
To learn more about SwissOne Capital AG, or to schedule an interview with their team, please call +1-603-306-3645 or e-mail [email protected]. You can also learn more at the SwissOne Capital AG website at https://www.swissone.capital.
About SwissOne Capital AG
SwissOne Capital is a niche asset manager with a focus on institutional-grade crypto and blockchain investment funds. You can also learn more at the SwissOne Capital AG website.
About IOTA
At the heart of IOTA’s technology is the Tangle, which is an open, feeless and highly scalable distributed ledger. Designed to support frictionless value and data transfer, the Tangle is a DLT infrastructure for Web3 applications and digital economies. Unlike blockchain alternatives, the Tangle allows transactions to be added in parallel; it also boasts low resource requirements, as well as zero-fee and fast transactions with finality within seconds. The IOTA token is the native currency on the IOTA network. It is used to transfer value and data and enable feeless micro-payments.
About Shimmer
Shimmer is the official L1 staging and validation network of IOTA’s distributed ledger technology (DLT). It is a rapid innovation playground with short development cycles, allowing developers to build applications and use features that are not yet available on the IOTA mainnet.
Similar to the IOTA network, Shimmer is built on a UTXO-based parallelized, directed acyclic graph (DAG), guaranteeing higher scalability than conventional Blockchains, and it provides the core building blocks for a scalable, modular multi-chain architecture.
Shimmer ensures interoperability and composability of L2 smart contract chains and is capable of connecting any type or flavor of L2 smart contract chain anchored to it. With its unique tokenization framework, Shimmer will become a multi-asset ledger for minting and transfer of native assets without middlemen or crippling gas fees.
About Tangle Ecosystem Association
Tangle Ecosystem Association (“TEA”) is an association based in Zug, Switzerland, with its main objective of educating, growing awareness, and supporting builders and developers in the development of L1 and L2 DAG-based distributed ledgers, frameworks, and solutions that utilize the IOTA Tangle.
About SwissOne Capital AG
SwissOne Capital is a niche asset manager with a focus on institutional grade crypto and blockchain investment funds.
The post SwissOne Launches First-ever Fund to Support the Shimmer and IOTA Ecosystems first appeared on PRUnderground.
Original Press Release.
In nearly a century of Oscars, not a single documentary has been nominated for best picture. But that shouldn’t be the case. While a documentary can win its own Oscar, reshape the cultural conversation and become one of the defining films of its era, these nonfiction feature films have been excluded from the top category […]
Nicki Minaj continued to show her support for Donald Trump while attending a midterms rally on Sunday (October 25) at […] The post Nicki Minaj Joins Donald Trump at Michigan Rally, President Says She Has a ‘Beautiful’ Backside appeared first on Just Jared - Celebrity News, Entertainment News & Photos.
James Gunn took to Threads on Saturday to defend the DCU and his decision to expand the universe with “individual stories” amid criticism that his films aren’t building toward a major crossover event. Responding to a commenter who pointed out that Gunn doesn’t necessarily need to lay the foundation for one totally interconnected universe, the […]
Naomie Olindo is pregnant with her first child! The 33-year-old former Southern Charm star announced on Sunday (October 25) that […] The post Former ‘Southern Charm’ Star Naomie Olindo Is Pregnant, Expecting First Child with New Husband Billy Haire appeared first on Just Jared - Celebrity News, Entertainment News & Photos.
Dan Reynolds and Sofía Vergara’s eyes appear to be open to a new connection. Nearly three weeks after news broke of his split from Minka Kelly, the Imagine Dragons frontman and Modern Family...
Kenneth Walker III is having another massive season in the NFL this year, and tonight (October 25) could be a […] The post Is Kenneth Walker Married, Single, or Dating Anyone? appeared first on Just Jared - Celebrity News, Entertainment News & Photos.
The single is the second posthumous release from Parton - who was of Welsh descent.
“You Can See Everything” audiences were expecting to be taken aback for a variety of reasons when watching the documentary, but a full-frontal shot of Elizabeth Holmes’ partner Billy Evans wasn’t something many foresaw experiencing in the theater. Lance Oppenheim, who co-directed the buzzy A24 doc with Nathan Fielder, has now revealed just how that […]
JoJo Siwa and Chris Hughes are already thinking about engagement rings! The 23-year-old “Boomerang” singer and dancer revealed that she […] The post JoJo Siwa Reveals She & Boyfriend Chris Hughes Picked Out the Exact Same Engagement Ring appeared first on Just Jared - Celebrity News, Entertainment News & Photos.
Peggy King, a 1950s television and recording star, died Sunday following a battle with Alzheimer’s at the Saunders House Assisted Living facility in Wynnewood, Pa. She was 96. King’s publicist, Alan Eicher, confirmed her death. King was a regular on the “George Gobel Show” from 1954-57. Gobel dubbed her “Pretty Perky Peggy King,” a nickname […]
After 12 years, three standalone movies and a holiday special, Amanda Seyfried appears to have no regrets turning down a Guardians of the Galaxy lead role. The Oscar nominee explained that the MCU role of Gamora was “just not for me,” noting she made the decision “for my family” to not take on the character, […]
Whether you want a binge-watch or a quick creature feature, these are the best blood-suckers streaming this Halloween The post The 9 Best Vampire Movies and TV Shows on Netflix Right Now appeared first on TheWrap.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.