BOSTON, MA & DUBLIN, IRELAND – Tuesday, December 10^th, 2024: COSIMO Ventures, a pioneer in blockchain and digital asset innovation, today unveiled its rebranding as COSIMO digital, consolidating its broad spectrum of unique services under a single, unified visionary brand.  Today, they also announced a key funding round of $25 million, targeting strategic partners for expansion and growth in this rapidly developing market.

Leading the raise is Des Mac Intyre, Eolas Capital, former CEO of Mellon Investments Corporation and Senior Executive at Bridgewater Associates, where he worked directly with Ray Dalio. His investment management experience spans more than three decades and he brings this expertise to COSIMO digital to support and drive this strategic raise.

Founded in 2014 by Rob Frasca and Ciaran Hynes, COSIMO digital began as a trailblazer in the digital asset space.  Over the past decade, it has evolved into a comprehensive digital asset management and service provider. Today, COSIMO digital offers a full suite of services, including investment funds, custody services, advisory, broker-dealer services, Web3 and blockchain development.

Speaking on the rebrand, Ciaran Hynes, Co-Founder and Managing Partner, said: “We launched the world’s first tokenized evergreen venture fund in COSIMO X and COSIMO Y, a risk-managed staking fund. We were also a key driving force in Black Manta, a tokenized securities leader that bridges traditional finance and digital asset innovation across the EU and Asia.  We are a founding investor in Fortuna, an Ireland-registered VASP offering secure and compliant custody and treasury solutions across 27 EU countries, and are launching a Layer2, Web3 platform for the creator economy - npayme.   Now was the right time to bring it all under one unified visionary identity, COSIMO digital”.

Rob Frasca, Co-founder, and Managing Partner added, "Blockchain technology is at an inflection point, and COSIMO digital is at the forefront of this innovation. Our comprehensive approach to digital asset management positions us as leaders in the tokenization and blockchain markets, paving the way for institutional and individual investors to capitalize on this transformative technology."

Des Mac Intyre, Eolas Capital said: “We are excited to partner with COSIMO digital on their future expansion and believe they are a very significant player in these emerging and exciting markets.”

About COSIMO digital
COSIMO digital is a pioneering digital asset management firm providing cutting-edge blockchain investments, custody, tokenization, and Web3 development solutions. Since its founding in 2014, COSIMO digital has been a innovator in unlocking the potential of digital assets, empowering investors and institutions to embrace the future of finance and technology.