Memorandum Capital, an international investment company focusing on blockchain-based assets, is expanding its global network by establishing its office in Sydney, Australia. The company has offices in London, Seoul, Warsaw, and in Moscow.
“Australia and New Zealand are essential for us as they have clear legislation, high level of innovations, and investors who understand blockchain-based projects. These major factors made the decision to open an office here very easy. It is important for us to introduce startups from Australia and New Zealand to potential investors around the world and take some of the best international projects to the local tech investors. It will be a mutually-beneficial process,” said Dr. Mike Kulikov, Head of Memorandum Capital in Australia and New Zealand.
New Zealand remains the world’s number 1 in the World Bank’s Ease of Doing Business ranking among 190 economies for several years, and Australia is ranked 14 according to the same annual ratings. Dr. Kulikov shared that “it is a long-standing and important recognition of a very open and transparent business and financial climates in both countries.”
According to Ivan Aleksandrov, Memorandum Capital founder, “Right now, the global financial markets are extremely fluid and are subject to significant fluctuations, driven by sudden market changes and regulations. For a company that pursues a stable and well established financial market, Australia and New Zealand are undisputed leaders. We value the ability to bring successful and well-conceived business models by way of various startups to a such a vigorous community of investors, who share our passion for forward-looking blockchain solutions.”
Memorandum Capital analysts point out that Australia’s and New Zealand’s proximity to the four Asian Tigers, Hong Kong, Singapore, South Korea and Taiwan, the fastest growing economies of the world, helped the two countries form a solid and stable financial hub, which has a lasting interest in growth avenues, including the latest developments in FinTech industry. Republic of China is also rapidly embracing the new technology and most definitely will become a focus of blockchain investors and developers very soon, confirms Memorandum Capital.
“In our pursuit of the winning formula among the new businesses we analyze hundreds of cases from all over the world on any given month. When we find one, it’s a pleasure to bring it to Australia and New Zealand, just because we speak the same language: they understand blockchain and its advantages very well,” added Sergey Vostrikov, Memorandum Capital’s managing partner.