According to the company’s website, Steve Cohen’s Point72 Ventures, a prominent hedge fund manager, led a $15 million Series A fundraising round for GenTwo, a fintech platform that specializes in securitization. The Zurich-based company intends to utilize the investment to expand internationally and to build out its platform for financial engineering.
With the use of the company’s PRO platform, investors may securitize and market any asset or investment plan as a bankable security.It enables the accessibility to all investors of non-bankable assets like real estate, fine art, or digital assets.
The company announced that Pete Casella, senior partner and co-head of fintech investments at Point72 Ventures, has joined the board of directors of GenTwo.Global venture capital firm Point72 Ventures has offices in Menlo Park, California, and New York.From pre-seed to pre-IPO, it makes investments ranging from $250,000 to $50 million.