Martin Garcia·Tuesday, March 10, 2026·1 min readCrypto
Investment Approval - Crypto IC -NB Creative Proprietary Asset
Management Ltd ("COR3") - Follow-on Convertible Note
BITKRAFT Ventures is considering a $2M follow-on investment in NB Creative Proprietary Asset Management Ltd, focusing on content and intellectual property in the crypto space.
The newsletter details an investment proposal for NB Creative Proprietary Asset Management Ltd (COR3), which is positioned in the content and intellectual property sector within the crypto landscape. BITKRAFT Ventures is looking to invest $2M in a $10M round, suggesting confidence in the company's potential for growth and relevance in a rapidly evolving market. The approval process for this follow-on investment indicates a strategic focus on enhancing their portfolio in emerging sectors like crypto, particularly in areas that intersect with content creation and management.
Given the increasing interest in digital content and IP rights in the crypto space, this investment could be timely. However, potential investors should remain cautious of the overall market dynamics and valuation trends in the crypto sector, which may present risks of overvaluation as the market matures.
Key Takeaways
- Investment amount of $2M in a $10M round for COR3.
- Company valuation set at $100M pre-money for the convertible note.
- Ownership stake of approximately 11% post-conversion.
- Investment is aimed at the content and IP sector within the crypto industry.
- No board seat will be acquired with this investment.
CryptoContentIPInvestment