Israeli Investment Platform iCapital Partners with Enecuum

Israeli fund management platform iCapital has announced a partnership with Enecuum, a blockchain platform focused on mobile mining. The collaboration is outlined through a memorandum of understanding (MoU), which signifies a long-term commitment between the two organizations.

iCapital finalized the MoU after conducting thorough due diligence on the Enecuum project. This evaluation focused on several key aspects, including the team’s capabilities, the business model, and the underlying technology, among other critical criteria.

Following this assessment, iCapital determined that Enecuum met the qualifications necessary for financing.

Agada Nameri, General Manager of iCapital, expressed enthusiasm for the investment, stating, “We started investing in blockchain three years ago as we recognize the potential of this technology to revolutionize and disrupt many aspects of our lives. We are passionate about projects where we can add value.”