CMC Holdings has successfully raised $1.5 million in a co-founder round to develop the digital economy ecosystem.
|Startup CMC Holdings secured a $1.5-million investment |
The company has the ambition to reach the initial public offering's target of $300 billion by 2027, with a roadmap of seven funding rounds. With the fresh funds, CMC Holdings will focus on developing a digital ecosystem on multiple platforms, serving billions of users’ globally.
CMC Holdings' digital ecosystem include Hyperas Chain – a specialised platform of coding assets, Pindias – a transaction management platform of digital asset logs, Divega – an auction e-commerce platform, and Rapital Bank – a digital banking service.
According to the plan, the company will deploy these projects in 2022 and 2023.
The firm's team has spent time researching the market and sustainable business models. From the beginning, CMC Holdings has focused on solving social problems and sustainable development.
The company's Divega platform will run under the social impact business model, not only offering a place to trade genuine goods at interesting prices but also sharing the profits for charity.
The first round of funding was raised by co-founders who are business owners and individual investors.
Sharing about the business plan, Tran Nam Chun, chairman of CMC Holdings, believes that the development of the digital economy is inevitable, and will impact nearly every sector of the economy.
Chung added that the condition for the chances this offers to become reality is to have breakthrough ideas, as well as a self-contained and expanded ecosystem to meet the evolving users' needs.
CMC Holdings was inspired by connecting a community of competent entrepreneurs in new economic fields. The US' PHI Group is one of the founding partners, and Aura Capital is among the strategic shareholders of CMC.