Tech company G42 supports purchase of tokenization firm Hedgehog in private markets by Inveniam
Inveniam, a leading private market data firm, has taken a significant step forward in its mission to modernize and digitize private asset markets. The company has acquired Hedgehog, a white label investment solution for tokenized real-world assets [1].
This strategic move allows Inveniam to provide a comprehensive solution for structuring, trading, and distributing private assets. With nearly $65 billion in assets on its platform, Inveniam is advancing its role as a key infrastructure provider for private asset tokenization and distribution [1].
The acquisition enhances Inveniam’s ability to accelerate capital formation, real-time trading, and global distribution of private assets. By integrating Hedgehog's technology and expertise, Inveniam aims to improve transparency, data management, and liquidity in private markets [1].
Hedgehog's capabilities complement Inveniam’s software, which focuses on marking to market real estate and alternative assets, thereby improving valuation accuracy and enabling more liquid secondary markets for tokenized private assets [1].
The integration of Hedgehog's team and tools, as stated by Patrick O'Meara, Chairman and CEO of Inveniam, will help scale their business more quickly [1]. Some of the key benefits of the acquisition include a streamlined tokenization process, enhanced transparency and data connectivity, and facilitated broader distribution and monetization of private assets [1].
Inveniam's ongoing plans, evidenced by partnerships with major players like G42 and Rialto Markets, suggest it aims to expand its ecosystem, leverage AI, and embed itself as an essential infrastructure for private markets' future, particularly in real estate and alternative asset classes [1].
The acquisition marks a foundational transformation for Inveniam, not just incremental efficiency. The company has received substantial backing from UAE-based AI firm G42, bringing its total funding to $120 million [1].
Inveniam's data offerings, including real estate, private equity, private credit, and infrastructure, are now being used by Fund administrator Apex, integrated with its administration platform [1]. The data generated by Inveniam is critical for a tokenized world where private assets are traded more regularly.
Inveniam has been using blockchain to store data for several years. Hedgehog's solution enables asset managers to tokenize and distribute assets to their private wealth clients. However, the terms of the deal between Inveniam and Hedgehog were not disclosed.
Cushman & Wakefield is another major backer of Inveniam. The company's data offerings are likely to increasingly use AI, further enhancing its capabilities in the private market sector.
With this acquisition, Inveniam is well-positioned to lead the charge in modernizing private asset markets, driving efficiency and liquidity across the industry.
[1] Source: [Insert Link to the Original Article]
- Inveniam, with Hedgehog's integration, aims to enhance transparency, data management, and liquidity in private markets, expanding its role as a key infrastructure provider for private asset tokenization and distribution, especially in real estate and alternative asset classes.
- By merging Hedgehog's technology and expertise with its own, Inveniam intends to streamline the tokenization process, facilitate broader distribution and monetization of private assets, and improve valuation accuracy, enabling more liquid secondary markets for tokenized assets.
- The acquisition of Hedgehog also allows Inveniam to provide a comprehensive solution for structuring, trading, and distributing private assets, leveraging blockchain technology to store data and offering insights into private equity, private credit, infrastructure, and real estate markets.
