DarcMatter (DM) - is an award winning global fintech investment platform that provides transparent and direct access into alternative investments. DarcMatter is a platform owner and operated by Return on Change Inc. Established in 2014, DM’s platform connects GP’s actively raising capital with Investors (LPs) globally, to seamlessly connect, access fund documentation, and invest in a curated set of Hedge Funds, Private Equity, and Venture Capital funds efficiently online. Headquartered in New York City, DM also has offices in Shanghai, Hong Kong, and Seoul, South Korea, where the regional teams work with local investors to provide direct access to cross border investment opportunities via the platform.
DarcMatter is the first truly decentralized global platform for the alternative fund investment industry. DarcMatter already has a global presence with usage from over 24 different countries. Given the global reach and usage of DM, the team is eager to create platform solutions that encompass cutting edge technology. While there has been much development, many tasks in the alternative fund space are still considered manual and require the participation of numerous intermediaries and service providers to provide the compliance, security and transparency necessary for investors to connect with non-public alternative fund opportunities.
The blockchain and the capabilities of the distributed ledger have the capability of bringing transparency and security into an industry that has been ripe with fraud and opacity since its inception. Additionally, changing and evolving regulations to provide additional security for investors, has only increased the cost load on alternative asset managers, which makes the industry more incentivized to increase the assets under management, rather than focusing on enhancing investment returns.
DM Coin (DMC) will be used for a permissioned blockchain, and will use systems that run natively on the NEM blockchain.
The distributed ledger that DarcMatter is developing has the ability to transform a multi-trillion-dollar industry from an era defined by paperwork, opacity and information asymmetry, into one that will be characterized by transparency, security and trust in a way that has never been seen before.
Additionally, blockchain implementation into the alternative fund industry will have much broader implications and capabilities including but not limited to:
• Seamless cross border investment capabilities
• Documentation tracking for multi-consensus and logging
• Additional asset classes being seamlessly distributed through the entire investor vertical
The DarcMatter team has operated the platform for 3+ years and is already working with 150+ funds (GPs) and 1,300+ institutions and investors worldwide (LPs).