LOS ANGELES, March 12, 2019 /PRNewswire-PRWeb/ -- SMC Capital, a NYC-based venture capital and advisory firm, has formed a strategic partnership with Anchor, the only stablecoin project that is indexed to the true value of the global economy. SMC Capital will be introducing the Anchor team to investors in a series of exclusive meetups set to take place on the sidelines of major industry conferences in Hong Kong, Singapore, Los Angeles, London, and New York.
Anchor's dual-token stablecoin is pegged to the Monetary Measurement Unit (MMU), a proprietary algorithm developed by a team of PhD economists that indexes to the real growth of the global economy by factoring in daily fluctuating macroeconomic data from from twenty of the world's largest economies. The MMU reflects the growth of the world's real GDP, diminishing the slow erosion of wealth caused by inflation and protecting against the volatility of regional shocks to ensure long-term stability based on the sustainable trend of global economic growth. By pegging Anchor tokens to the MMU, the new stable currency and financial index offers investment funds, professional crypto traders, and the general public a predictable and dependable instrument that aims to preserve and enhance the value of their holdings.
John Slyusarev, Managing Partner of SMC Capital said: "The guiding principle of SMC's investment and advisory thesis is to work exclusively with high-quality projects. We are very impressed with Anchor CEO Daniel Popa's consistent decades-long success as a multi-national telecom entrepreneur. We are excited to work with Mr. Popa and his team to help market their promising stablecoin and financial index to our extensive network of investors, crypto funds, family offices, and private wealth partners in Asia, the US, and Europe."
Daniel Popa, CEO of Anchor, said: "We've built an ambitious project and we firmly believe that Anchor will be an excellent addition to investors looking for a safe harbor and reliable hedging tool that also protects them against the risks a fiat-pegged stablecoin faces, such as inflation. Anchor is designed to help crypto traders hedge effectively and to offer accredited investors the potential to protect themselves against volatile economic scenarios. This is possible thanks to Anchor tokens that are backed by the intrinsic stability of the MMU, something no other stablecoin on the market can offer. We are confident that SMC Capital's successful track record and strong reputation in hosting large-scale events, organizing tailored investor meetups, and providing valuable strategic consulting will help us present Anchor effectively to a select group of targeted investors around the world."
SMC and Anchor will partner together to host a series of closed-door events for selected investors, funds, cryptocurrency exchanges, media, and key opinion leaders. SMC has invited Andrew Sarega, Anchor's Vice President of Government Relations, to speak at SMC's branded
Security Token Future conference on March 15 in Hong Kong prior to Anchor's first investor meetup set to take place later that evening.
IMPORTANT NOTE: This text may contain forward-looking statements that are dependent on various factors. This press release is presented for informational purposes only and should not be interpreted as a solicitation for the sale of securities. SMC Capital, Anchor, and Melrose PR urge every potential investor to perform thorough due diligence on all products, tokens, and investment opportunities before committing any capital.
For additional information on the Anchor investment offering and inquiries about participating in one or more of the private investor events, please contact:
Oleg Maslov
SMC Capital Head of Communications oleg(at)smc.capital
+1 (253) 213-1413
For media inquiries, please contact:
Olya Moskalenko
Anchor Media and Communications Director
olya.moskalenko(at)theanchor.io
+1 (917) 355-1647
Sarah Cohen
Melrose PR Account Executive
Sarah(at)melrosepr.com
+1 (310) 260-7901
About SMC Capital
SMC Capital is an NYC-based venture capital and advisory firm that specializes in blockchain infrastructure, stablecoins, and Security Token Offerings (STOs). With headquarters in NY and a presence in Seattle, Amsterdam, Singapore, and Hong Kong, as well as an extensive network of investors and partners in Asia, North America, and Europe, SMC is well-positioned to offer a range of advisory services to portfolio projects and external clients, including global events, capital introduction, PR, and exchange listing services. Partners of SMC Capital bring a valuable analytical approach developed from their experience as C-level executives for ICORating, the largest blockchain rating agency on the market. The SMC team and SMC clients have been mentioned in leading media, including Forbes, WSJ, Business Insider, Cointelegraph, CoinDesk, and others.
About Anchor
Anchor's dual-token stability mechanism is designed to provide investors and crypto traders with a reliable hedging instrument and global stablecoin standard. CEO Daniel Popa, a serial telecom entrepreneur with over 20 years of experience running successful companies in the USA, Canada, Australia, Romania, and Ukraine, led a team of PhD economists to develop Anchor's revolutionary proprietary Monetary Measurement Unit (MMU), a scientific algorithm that is indexed to global real GDP via official financial data from twenty of the world's largest economies. Anchor's blockchain developers have built solutions for several large blockchain firms, including Celsius Network.
SOURCE SMC Capital
Share this article