Credit: VNX Exchange

VNX Exchange, a Luxembourg-based marketplace and trading platform for tokenised venture capital assets, has appointed  Michael Blakey and Will Klippgen to its advisory board.

The appointment of Michael Blakey and Will Klippgen, two internationally recognised and experienced angel investors, to the VNX Exchange Advisory Board is considered an asset for the company. Their proven knowledge of venture capital industry should provide VNX Exchange with a competitive advantage when creating new standards and services for the digital asset market ecosystem.

As a successful entrepreneur and tech investor, Michael Blakey co-founded UK-based investment firm Avonmore Developments. For his part, Will Klippgen was a co-founder of the price comparison portal Zoomit.com which later merged with Kelkoo and was sold to Yahoo!. Blakey and Klippgen also co-founded Cocoon Capital, a venture capital firm targeting early-stage, enterprise tech startups in Southeast Asia.

As a marketplace for tokenised venture capital assets, VNX Exchange aims to provide a solution for a lack of liquidity in the venture capital industry with the help of blockchain-based technology. VNX Exchange was incubated and initiated at 2be.lu, a Luxembourg-based venture capital fund.