The strength and success of FinTechs such as NFTs and blockchain are spawning a wealth of alternative investments. Evident Limited, a Cyberport incubatee, has created a marketplace for individual investors to make impactful investments into alternative assets. By using fractional NFTs and blockchain, it enables investors to access, support, and invest and trade in private companies and assets whose purpose they believe in, thereby helping create the impact they seek.
One of the assets on the platform is a CCER Digital Carbon Credits instrument. Evident developed this asset in collaboration with its Hong Kong-based partners to make high-integrity carbon credits more accessible to investors.
Evident’s Founder and CEO, Dr Florian M. Spiegl, said the company chose digital carbon credits for its pilot asset offering because they combine potential investment return with a positive impact. In addition, it exemplifies Evident’s mission of connecting more purposeful investors and capital to create a positive future.
“By increasing access to and demand for carbon credits and their offsets, we make pro-climate projects more profitable while supporting companies to adapt more quickly to the realities of climate change,” Dr Spiegl explained.
Founded in 2021, Evident recently closed a multi-million US dollar pre-seed funding round to support its go-to-market activities and international hiring in Hong Kong and beyond. It is obtaining licences from regulators in multiple jurisdictions to support its expansion plans.
The start-up credited the Cyberport Incubation Programme for enabling them to turn what began as a side project of a small group of enthusiasts into a legitimate business. They were especially grateful for introductions to potential partners to explore synergies and win-win outcomes.
