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Steve Cohen’s Point72 Ventures VC Firm Leads GenTwo $15M Funding Round
Securitization specialist fintech GenTwo has raised $15 million in a recently concluded Series A funding round. The round was led by venture capital firm Point72 Ventures, founded by billionaire hedge fund manager and investor Steven Cohen. The billionaire owns a baseball team – the New York Mets.
GenTwo has a PRO platform that helps investors securitize and trade investment strategies or assets. This process is also open to non-bankable assets, including digital assets, real estate, or fine art. Following the funding round, Point72 Ventures senior partner and co-head of fintech investments Pete Casella has joined the board of directors at GenTwo.
GenTwo launched in 2018 and has established a large financial engineering network that now serves over 250 clients in 26 countries. The B2B company has launched more than 1,200 investment products and has over $3 billion in Assets under Service (AuS).
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