YZi Labs Invests in Aspecta to Unlock Illiquid Asset Markets
Capital markets are finally addressing massive sums of untapped value. YZi Labs recently announced a strategic investment in Aspecta on July 10. This blockchain infrastructure firm focuses on bringing liquidity to less visible assets such as locked tokens, shares before token generation, and private equity.
The move advances YZi’s goal of increasing on-chain clarity. Aspecta’s products, including buildkey and Aspecta ID, offer ways to set standards, verify, and determine prices for assets that usually don’t fit into regular market systems.
Aspecta boasts over 650,000 users and leads in the on-chain credentialing and asset discovery field. YZi Labs met Aspecta at BNB Chain’s MVB season 7 in early 2024. Aspecta ID, an AI-based verification tool, had signed up many GitHub-verified users, showing the potential for trust in decentralized spaces.
- Aspecta’s infrastructure is now central to a new type of asset markets.
- The BuildKey system turns locked assets into tradable units and has processed over 50 million transactions.
The funding will help Aspecta integrate better with big institutions and grow BuildKey’s capacity for dealing with complex assets. yzi believes transparent on-chain structures for illiquid assets will play a crucial role in blockchain’s future.
Alex Odagiu, Investment Director at YZi Labs, states, “We are convinced that open, fair markets with Aspecta’s innovations will push forward blockchain technology.”
