Malta put itself on the Blockchain and FinTech map, when it announced in July 2018 to publish the world’s first legal framework for businesses using distributed ledger technology (DLT) as well as businesses dealing with cryptocurrencies, such as exchanges. Malta is therefore now positioned as an innovative, flexible, and reliable European centre for financial services and FinTech.
Throughout 2020, Black Manta Capital Partners will establish a Professional Investor Fund (PIF) in Malta. The fund’s main focus will be on tokenized company shares in blockchain and tech-related start-ups. In a first round, the Black Manta Fund will only look into start-ups in the revenue phase. Perspectively, by the end of 2020, the Fund will also establish a second compartment, that will focus on European technology-based small and medium-sized businesses.