Singapore’s Xen Technologies hits over US$100M assets through its investment platform
Xen Technologies, an investment platform for private investments, announced today that the assets accessed through its platform has exceeded US$100 million, says a company statement.
The platform, started in 2018, has partnered with venture capital funds to offer co-investment and secondary opportunities in growth-stage and pre-IPO companies in the US and Asia.
“We have been giving our investors in Asia access to top-quartile private equity and venture capital funds, and we are encouraged by the overwhelmingly positive feedback. The combination of a highly selective portfolio of funds and our all-in-one digital investment platform is an attractive solution to investors, especially the newer generation of Millennials and Xennials (hence the name Xen),” CEO and Co-founder Katrina Cokeng said.
The company is confident about exponentially growing throughout 2020 despite uncertain external situations and claims to reach US$1 billion in the next 12 months.