Cryptocurrency

New Blockchain Hub Opens in Israel

Three entities—Singulariteam, CoinTree Capital, and BlockchainIL—have launched Alignment, a blockchain hub operating out of Israel. Functioning as an all-encompassing resource center, Alignment will s

By Aubrey Swanson··2 min read
New Blockchain Hub Opens in Israel

Key Points

  • Three entities—Singulariteam, CoinTree Capital, and BlockchainIL—have launched Alignment, a blockchain hub operating out of Israel.
  • Functioning as an all-encompassing resource center, Alignment will s

Three entities—Singulariteam, CoinTree Capital, and BlockchainIL—have launched Alignment, a blockchain hub operating out of Israel. Functioning as an all-encompassing resource center, Alignment will serve both emerging blockchain ventures and established organizations throughout their development cycles, from initial conception through token offerings and maturation phases.

The platform delivers a spectrum of services: token sale advisory encompassing architecture, market positioning, and security assessments; comprehensive ICO management incorporating strategic planning and investor outreach; plus financial backing paired with business incubation for new blockchain initiatives. The three founding partners have pledged to back every Israeli blockchain enterprise throughout 2017.

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Moshe Hogeg, chairman and founder of Singulariteam, explained the vision: "We believe blockchain will revolutionize every industry in the world. Our goal at Alignment is assist, develop and fund unique and high-quality projects that will benefit the world with unprecedented new products, services and business models."

Based in Tel Aviv under its current name—previously operating as Genesis Angel—Singulariteam functions as a technology-focused venture capital outfit. The firm directs capital toward companies working in artificial intelligence, robotics, augmented reality, virtual reality, and comparable sectors. The organization commands roughly US$150 million distributed across three distinct funds and stood out as among Israel's most energetic venture investors last year.

Israel has solidified its standing as an emerging market powerhouse and startup ecosystem. The regional blockchain sector has experienced remarkable momentum recently, with Deloitte assessing that Tel Aviv possesses the infrastructure to establish itself as a leading blockchain jurisdiction. Across the nation, entrepreneurs and technology firms are building an expanding portfolio of blockchain applications.

Colu operates local blockchain-based currency networks across multiple nations, having originated operations in Tel Aviv and Haifa before penetrating London and Liverpool markets. The venture maintains a working relationship with Deloitte on implementing blockchain solutions for corporate clients. WaveBL targets international maritime agreements, transitioning from physical documentation to electronic blockchain storage. GetGems functions as a messaging system paralleling WhatsApp and Telegram while enabling cryptocurrency transactions—user profiles contain integrated digital wallets facilitating direct cryptocurrency transfers.

MiningPool content is intended for information and educational purposes only and does not constitute financial, investment, or legal advice.

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